Multiple Time Frame AUDJPY SHORT

133
  • Weekly Time Frame
    Price retested the former low on the weekly timeframe, and met resistance
    Price also respected the 61.8 fib level
    Price formend a shooting star/bearish hammer candlestick pattern

    snapshotDaily Time Frame
    -Thursday candle closed as an indecision candle (showing the possible rally was coming to an end.
    -Friday candlestick was a large bearish candle further confirming the end of the rally and retesting the double top
    - waiting for price to pull back and then i'll enter a short

    snapshot4 Hour Time Frame
    -Price ended with an indecision candle after a strong move to the downside
    -I'm expecting a short lived rally to the 69.20-69.50 area, that's where I have a sell order placed.

    AUDJPY also has a strong positive correlation with SPXUSD and i'm also bearish on that (check my SPXUSD idea, posted yesterday)

Wyłączenie odpowiedzialności

Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.