AUDJPY Potential New Uptrend
AUDJPY has been on a downtrend since 3rd September. It has since tested a major Demand Zone thrice. Prices seem about to be making an uptrend from this point. I’ve plotted a Fibonacci Extension on the most recent impulse move and expect to ride the move up for a maximum of 60 pips.
Another scenario would be prices make an even deeper retracement from here but my bias on the uptrend still remains. Will use the Fibonacci Retracement tool if this happens.
Again, I will drop down to M15 to find a favourable entry, otherwise there will not be any entry.
Another scenario would be prices make an even deeper retracement from here but my bias on the uptrend still remains. Will use the Fibonacci Retracement tool if this happens.
Again, I will drop down to M15 to find a favourable entry, otherwise there will not be any entry.
Trade fechado: objetivo atingido
Target of 30pips reached. 🚀💰
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.