AUDJPY, poised for massive recovery! 1000 pip prospect.

Zaktualizowano
AUDJPY went on a winning spree this year, creating new ATH week after week before finally meeting a saturation point from its last peak at 109 levels.

As with any parabolic behavior, gravity must play out and it did. The pair corrected with so much weight, trimming down 1500 pips of its recent highs.

Now based on recent daily data metrics, AJ is bound for massive recovery as it is hinting reversal queues already.

Double bottom has been registered. A retraced to 78.6 fib level on its weekly metrics should warrant an upside reversal play.

Major order block at the current price zone should converge a good amount of net buyers. This key area is at the most overextended bargain area already fibwise.

Ideal Seeding opportunity at the current price.

Spotted at 95.0
Target is previous peak at 109.0

TAYOR.

Zlecenie aktywne
Daily data update:

Congrats holders, we have reached +500 pips from our last spot.

TODAY, a reset play on a higher base is currently in progress.

Expect more price growth from here with target set at 105.0

TAYOR.

snapshot
Zlecenie aktywne
We are going to 103 area soon.

From the current higher base at 100.8

snapshot
AUDJPYBeyond Technical AnalysisChart PatternsTrend Analysis

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