April Forecast Bear is possible but depending on which was you sit is where the nuggets will land, could swing either way.
The month of March was a cracking Bull candle and a tail like a stingray. The Body of March remained friken in the top 50% of February's body. And wouldn't ya have it the volume also matches Feb, crikey!. See those three green buying...
AUDJPY broke the minor ascending trendline and now we can short for the short term. Once price breaks the correction, put SL above the correction and actively monitor it on the way down adjusting TP to BE and profit.
See links below for more chart mark ups.
AUDJPY broke the minor ascending trendline and now we can short for the short term. Once price breaks the correction, put SL above the correction and actively monitor it on the way down adjusting TP to BE and profit.
See links below for more chart mark ups.
Following the previous GBPAUD analysis, we have seen a breakout. The double bottom indicated that there may be a trend reversal which we have now seen.
Wait for price to correct back to the area marked and gain an entry on the retest.
If you like the charts, give it a thumbs up! Trade Safe.
Reasons to go SHORT:
- 0.5 Fibonacci
- Descending trendline
- Zone
- Corrective structure
Reasons to go LONG:
- Double bottom indicating trend reversal
Reasons to go SHORT:
- 0.5 Fibonacci
- Descending trendline
- Zone
- Corrective structure
Reasons to go LONG:
- Double bottom indicating trend reversal
