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MeltzCarlos

AUDJPY Going long until further notice

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Dolar Australia / Yen Jepun (FX:AUDJPY)  
MeltzCarlos  
FX:AUDJPY   Dolar Australia / Yen Jepun
Trend Analysis Chart Patterns Beyond Technical Analysis btmm quarterstheory long-term Forex tradingmarketacademy
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trendanalysis chartpattern beyondta btmm quarterstheory long-term forex tradingmarketacademy
Price struggles to make a new lower low and could not reach the quarter level and psychological level of 75.00. We can see a double top formation coming along with ideal divergence after a macro level cycle finished on a wedge that has been occurring for a matter of weeks now. Going to be looking for long opportunities

Confirmations:
- Double Bottom
- Price struggles to make a new low and reach quarter level
- Price divergence on TDI and above liquid 50 (yellow line in TDI)
- macro cycle has finished with 3 long term pushes to the downside
Penafian

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