Captain_Walker

AUDJPY (30 MIN) - Wedge pattern

Short
FX:AUDJPY   Australian Dollar / Japanese Yen
Horizontal wedge patterns are not easy. Some people believe they will break up at the top of trend, while others believe the opposite. All one can do if shoring is take a reasonable stop-loss to include the potential for spikes and false breakouts for the north.

Base on higher time frame analysis I favour the south, but this is not a recommendation to short.
Comment:
Comment:
FED balance sheet 42% of GDP @ 2020-01-26. Does money have value anymore? [Different perspective on the virus https://youtu.be/NjTdvALChwk ]

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar About Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter