AUDJPY Technical Analysis / Follow Up
⭐️Key Takeaways⭐️
✔️ Double Top Daily but price action still making higher highs
✔️ Waiting for the pair to give me further directional clues
⭐️Technical Analysis⭐️
As of writing this article, AUDJPY seems to consolidating rather than correcting. It does appear to have a double top currently but that reversal pattern could very well be discredited if this pair wants to move higher. In terms of risk to reward, I'd like to wait for some further confirmations of a bear trend emerging. The first clue will be if we're able to make a lower low on the daily timeframe.
Regards,
Michael Harding
RISK DISCLAIMER
Information and opinions contained with this video are for educational purposes only and do not constitute trading recommendations. Trading Forex on margin carries a high level of risk and may not be suitable for all investors.
✔️ Double Top Daily but price action still making higher highs
✔️ Waiting for the pair to give me further directional clues
⭐️Technical Analysis⭐️
As of writing this article, AUDJPY seems to consolidating rather than correcting. It does appear to have a double top currently but that reversal pattern could very well be discredited if this pair wants to move higher. In terms of risk to reward, I'd like to wait for some further confirmations of a bear trend emerging. The first clue will be if we're able to make a lower low on the daily timeframe.
Regards,
Michael Harding
RISK DISCLAIMER
Information and opinions contained with this video are for educational purposes only and do not constitute trading recommendations. Trading Forex on margin carries a high level of risk and may not be suitable for all investors.
I manage forex accounts for HNWI and sophisticated investors.
Managed Forex Accounts
➡️ manage.forex
Track Record
➡️ tinyurl.com/y67rnwrd
LinkedIN
➡️ linkedin.com/in/forexdaytrader
Managed Forex Accounts
➡️ manage.forex
Track Record
➡️ tinyurl.com/y67rnwrd
➡️ linkedin.com/in/forexdaytrader
Bài đăng liên quan
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.