privatedvlper

AUDJPY LONG TERM ANALYSIS

Long
FX:AUDJPY   Australian Dollar / Japanese Yen
AUDJPY has been on an uptrend since March 2020, and has been in a long term secondary consolidation for more than one year. In the market, The more the period of consolidation, the more powerful the breakout (to either side) , and the longer the breakout will last. This means that any breakout to the upside here will last several months, and will be worth a few thousand pips (only for the patient)
Comment:
There we go ! 100 PIPS !
Comment:
200 PIPS ON THE TREND !
Comment:
300 PIPS ON THE LONG TERM TREND !

Thedeveloper
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