AUDJPY Neutral idea
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Ranging
Trade scenario 1: On higher timeframes we can see AJ has been mainly bullish. Only until we hit 95.000 resistance did we see any sort of reaction.
After 95.000 resistance was met we saw a 4hour transition which developed into 4hour ranging/consolidation. Essentially, we have no present trend to trade.
In order to continue bullish we need to see a bullish break of the range in the form of a higher low above 92.850
Trade scenario 2: It is most likely that for this week we will see the ranging continue and price action will head toward 91.000 support.
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Ranging
Trade scenario 1: On higher timeframes we can see AJ has been mainly bullish. Only until we hit 95.000 resistance did we see any sort of reaction.
After 95.000 resistance was met we saw a 4hour transition which developed into 4hour ranging/consolidation. Essentially, we have no present trend to trade.
In order to continue bullish we need to see a bullish break of the range in the form of a higher low above 92.850
Trade scenario 2: It is most likely that for this week we will see the ranging continue and price action will head toward 91.000 support.
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.