M_KAY

AUDJPY SHORT TERM TRADE

Short
OANDA:AUDJPY   Australian Dollar / Japanese Yen
THE PRICE HAS FORMED A TRIANGULAR STRUCTURE. 2 WEEKS TRIANGLE(BIG 1) AND 1 WEEK TRIANGLE(SMALL 1). BOTH TRIANGLES COMPLETE RIGHT AT A KEY LEVEL. LOOKING FOR A SHORT OPPORTUNITY BELOW THE KEY LEVEL AT A BREAKOUT OF BOTH TRIANGLE.

NOTES : THIS IS NOT A TRADING SIGNAL, BUT PURELY MY IDEA OF WHAT CAN HAPPEN, DO YOUR OWN ANALYSIS BEFORE ENGAGING IN A TRADE. YOU MORE THAN WELCOME TO COMMENT AND LIKE MY IDEA IF YOU AGREE WITH IT. HAPPY TRADING!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.