AUDJPY Bullish idea
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bullish
Trade scenario 1: Overall we have been generally bullish on AJ but we have been stuck between these two zones for quite a while.
Price action is clearly struggling to find a trend so we will wait until the range is broken.
Ideally, we see price action break above our 94.750 resistance and form a higher low above.
Look to enter long and target toward higher resistance levels.
Trade scenario 2: For us to consider AJ more bearish on the 4hour timeframe we would need to see a break below the range and 93.750 support.
Look to enter short on confirmed lower highs if this happens.
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bullish
Trade scenario 1: Overall we have been generally bullish on AJ but we have been stuck between these two zones for quite a while.
Price action is clearly struggling to find a trend so we will wait until the range is broken.
Ideally, we see price action break above our 94.750 resistance and form a higher low above.
Look to enter long and target toward higher resistance levels.
Trade scenario 2: For us to consider AJ more bearish on the 4hour timeframe we would need to see a break below the range and 93.750 support.
Look to enter short on confirmed lower highs if this happens.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.