AUDJPY

HELLO TRADERS I AM KELACHI FROM NIGERIA, I HOPE YOU BENEFIT FROM THIS ANALYSIS. NOTE THAT MARKET IS REACTIVE AND NOT PREDICTIVE.

AUDJPY COMPLETED A HEAD AND SHOULDER PATTERN. A DOUBLE BOTTOM PATTERN HAS EMERGED AND IT INDICATES A TREND REVERSAL, IN OTHER WORDS WE WILL BE LOOKING TO TAKE A LONG POSITION.

PRICE IS CURRENTLY AT THE NECKLINE ACTING AS A RESISTANCE ZONE, IF IT BREAKS A LONG POSITION CAN BE INITIATED.

IF YOU FOUND THIS EDUCATIVE AND INFORMATIVE PLEASE CLICK THE LIKE AND FOLLOW FOR MORE.

4hourchartAUDJPYChart PatternsdailychartTrend AnalysisWave Analysis

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