The Australian Dollar/Japanese Yen is enclosed between two zones of resistance and support and the line of the downtrend and uptrend lines.
The Australian Dollar/Japanese Yen has reacted well every time it hits the downtrend and uptrend lines in the support and resistance zones.
This time, the Australian Dollar/Japanese Yen was able to make a 🌅Morning Star Candlestick Pattern🌅 on the uptrend line too, and I expect the Australian Dollar/Japanese Yen to rise to the resistance zone again.
We can also see Regular Divergence(RD+) between the price and RSI indicator.
🔅Australian Dollar/Japanese Yen Analyze ( AUDJPY ) Daily Timeframe⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
The Australian Dollar/Japanese Yen has reacted well every time it hits the downtrend and uptrend lines in the support and resistance zones.
This time, the Australian Dollar/Japanese Yen was able to make a 🌅Morning Star Candlestick Pattern🌅 on the uptrend line too, and I expect the Australian Dollar/Japanese Yen to rise to the resistance zone again.
We can also see Regular Divergence(RD+) between the price and RSI indicator.
🔅Australian Dollar/Japanese Yen Analyze ( AUDJPY ) Daily Timeframe⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Trade closed: target reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
🎁Welcome than a 50% bonus(Low Spread)👉vtm.pro/Y3AV7r
🎁Get a 20% Discount on your trading FEE on BYBIT:👉partner.bybit.com/b/PEJMANZWIN
🎁Get a 20% Bonus & 30% Discount on LBANK exchange(NO KYC)👉lbank.one/join/uBythQd
🎁Get a 20% Discount on your trading FEE on BYBIT:👉partner.bybit.com/b/PEJMANZWIN
🎁Get a 20% Bonus & 30% Discount on LBANK exchange(NO KYC)👉lbank.one/join/uBythQd
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.