this is why im long aud jpy, i see a 3day ascending wedge pattern forming, some people move their rend lines because of false break outs but as you can see i never moved my green or red trend lines and i also am buying off of the green trend line just under the red because i cloned that resistance one and brought it down just a little bit because it was a prior resistance in the past if u can see, so i know where im wrong and im minimizing risk.
ALSO on the FUNDAMENTAL view of things we have the following upcoming events
Mon Nov 30 @ 10:30PM EST AUD : Cash Rate / RBA Rate Statement Tue Dec 1 @ 7:30PM EST AUD : GDP q/q
If all goes as expected, we should see massive spikes within the pair. Then let's see how the rest of NFP week plays out.
There's also the fact that there is a daily Head and Shoulders pattern close to the neckline
& a 3 day also approaching a neckline
if you've made it this far, & you've most likely taken my trade before, feel free to show love via CashApp: BakedBenji
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.
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.