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NEW POTENTIAL LONG OPPORTUNITY ON AUDJPY
Our previous trade setup on AUDJPY has been stopped out after a formation of deeper ABC corrective wave.
Currently, the price is retesting the broken descending trend line and resistance level as new support again leading to a double bottom pattern on that zone.
Considering that we have bullish price action signals formation such as pin bar, doji and engulfing candles at the second retest (C), we will able to go long after the proper break of the Counter Trend Line.
Thanks for reading.
Currently, the price is retesting the broken descending trend line and resistance level as new support again leading to a double bottom pattern on that zone.
Considering that we have bullish price action signals formation such as pin bar, doji and engulfing candles at the second retest (C), we will able to go long after the proper break of the Counter Trend Line.
Thanks for reading.
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