AUD/JPY Expecting a move up in Short term for correction
Yo Traders,
AJ absolutely slid last week and the resistance did not hold as i expected.
If you see on the multiple TF analysis, the daily TF is now at the 200 EMA. If this holds we will be in a correction for the last swing approx in between the 61.8% and 50% FIB level on 4H TF. The RSI is also presently in the oversold range.
Lets wait and watch how the price moves.
Thanks
Madtradex
AJ absolutely slid last week and the resistance did not hold as i expected.
If you see on the multiple TF analysis, the daily TF is now at the 200 EMA. If this holds we will be in a correction for the last swing approx in between the 61.8% and 50% FIB level on 4H TF. The RSI is also presently in the oversold range.
Lets wait and watch how the price moves.
Thanks
Madtradex
Catatan
Price moved perfect as expected
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.