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francesgurton

AUDJPY - Long

Long
Australian Dollar / Japanese Yen (OANDA:AUDJPY)  
francesgurton  
OANDA:AUDJPY   Australian Dollar / Japanese Yen
Trend Analysis Chart Patterns Technical Indicators Technical Analysis trendfollowing marketstructure Bullish Patterns Ascending Channel confluence
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trendanalysis chartpattern indicator technicalanalysis trendfollowing marketstructure bullish ascendingchannel confluence
Possible long oppotunity on AUDJPY.

- In line with the current uptrend
- Positive confluence among indicators
- Price action confirmation; 4 touches on trendline (4th touch can be seen prior to Feb 25th 2021)
- rejection at the 61.8% Fibonacci level

This sets us up for a high probability trade, I line with the strategy.

Lets see what happens!
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