pejman_zwin

💵Australian Dollar/Japanese Yen💵Analyze (01/19/2023)!!!

Long
pejman_zwin Updated   
FX:AUDJPY   Australian Dollar / Japanese Yen
The Australian Dollar/Japanese Yen is enclosed between two zones of resistance and support and the line of the downtrend and uptrend lines.

The Australian Dollar/Japanese Yen has reacted well every time it hits the downtrend and uptrend lines in the support and resistance zones.

This time, the Australian Dollar/Japanese Yen was able to make a 🌅Morning Star Candlestick Pattern🌅 on the uptrend line too, and I expect the Australian Dollar/Japanese Yen to rise to the resistance zone again.

We can also see Regular Divergence(RD+) between the price and RSI indicator.

🔅Australian Dollar/Japanese Yen Analyze ( AUDJPY ) Daily Timeframe⏰.

Do not forget to put Stop loss for your positions (For every position you want to open).

Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.

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Trade closed: target reached

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