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AUDJPY - Top In Place! 1500pips Done, 5000pips To Go!
Dollar Australia / Yen Jepang
AUDJPY - Top In Place! 1500pips Done, 5000pips To Go!
Oleh WicktatorFX
Ikuti
Ikuti
24 Sep
5
2
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24 Sep
In our last analysis we identified that we were looking toppish and gave several ways to confirm the reversal and get in.
We reversed perfectly and dropped 1500pips! We are now seeing a lower timeframe correction but we are still primed to drop another 5000pips.
On lower timeframe, watch for the completion of this correction. Again, we can use several ways to identify when the next big swing is confirmed:
1. Trendline Break
Watch for price to break a trendline that price has been respecting
2. BOS
Watch for price to break a significant swing point
3. Moving Average break
Watch for price to break a moving average that has been respected well
We'll post lower timeframe chart if there's enough engagement with this trade idea!
Goodluck and as always, trade safe!
You can find our previous analysis below:
AUDJPY
CADJPY
Chart Patterns
EURUSD
GBPJPY
GBPUSD
Gold
jpy
Trend Analysis
USDJPY
Wave Analysis
XAUUSD
WicktatorFX
Ikuti
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AUDJPY - Looking Toppish! BIG Drop Inbound!
oleh WicktatorFX
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