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sborja72

BUY AUD/JPY

Long
Australian Dollar / Japanese Yen (FX:AUDJPY)  
sborja72  
FX:AUDJPY   Australian Dollar / Japanese Yen
Trend Analysis Harmonic Patterns Chart Patterns
0
1
trendanalysis harmonicpatterns chartpattern
I have entered a buy position on this pair. Here are my reasons: We have broken resistance, and now we are entering a retest zone. Looking at smaller timeframes, I'm waiting for confirmation price will reverse. We see a very bullish engulfing candlestick bouncing off the previous resistance which is now support.


Entry: 91.644

TP: 92.950
SL: 90.343
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