Aud/Jpy High timeframe trendline reversal?
BOJ Raised rates first time in 17 years today.
I expect that the JPY will set a new long term trend based on this.
And i will do what i can to take advantage of such a oppurtunity.
Right now price is at a higher timeframe trendline and i am now short based on that alone.
If price breaks to the upside from this level i will use the same trendline or Ema 50 1H to get long.
I expect that the JPY will set a new long term trend based on this.
And i will do what i can to take advantage of such a oppurtunity.
Right now price is at a higher timeframe trendline and i am now short based on that alone.
If price breaks to the upside from this level i will use the same trendline or Ema 50 1H to get long.