AUDJPY poised for a big bull run
AJ looking very bullish as we approach the Multi-year descending channel.
We have fractal Inverse Head and Shoulders on multiple time frames, I will post those below in the comments.
I'm expecting a break and then a retest of the channel and the neckline, then it's off to the races.
If we break the neckline this idea is invalid and we will look too short. Probability is on the bull side with the multi time frame confluence.
We have fractal Inverse Head and Shoulders on multiple time frames, I will post those below in the comments.
I'm expecting a break and then a retest of the channel and the neckline, then it's off to the races.
If we break the neckline this idea is invalid and we will look too short. Probability is on the bull side with the multi time frame confluence.
Nota
4hour Fractal Inverse Head and ShouldersNota
1Hour Fractal Inverse Head and ShouldersBlue line is the 4h IH&S neckline, orange is the 1H neckline
Nota
First Resistance line hit, will we turn around and retest the descending channel or continue higher? Stay Tuned!
Like it if you like it, and comment if you have a question. I'm happy to answer!
***This is a reflection of my own educated opinion and should not be viewed as financial advise, please use this for educational purposes only.***
***This is a reflection of my own educated opinion and should not be viewed as financial advise, please use this for educational purposes only.***
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Like it if you like it, and comment if you have a question. I'm happy to answer!
***This is a reflection of my own educated opinion and should not be viewed as financial advise, please use this for educational purposes only.***
***This is a reflection of my own educated opinion and should not be viewed as financial advise, please use this for educational purposes only.***
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.