Today i spend some time to analysis on AUDUSD. Here's my analysis:
1) the current bearish condition already oversold, so the retreat would be around 0.76 before continue it's down trend.
2) I would suggest for the retrachment at 0.76 for better entry in this trade. It might be doubletop to retest the major resistance.
As always, stay safe and happy trading! :D
IF u thinking on going bullish on usdjpy, i would advise u not to put yr account at risk more than 10% because 1W, 1D,4H, 1H already confirm for trend reversal in USDJPY. i guess DXY already out of gas to push higher. Go bearish and wait for good entry . As always happy trading and stay safe! :)
Hi guys, after a long consolidation on GBPJPY (flag pattern), the resistance are break and we are creating a higher resistance, GO bullish guys :D. As always stay safe and happy trading!
After profit relased today, USDJPY 4 hours and 15 minutes chart are ready to continue their bullish position. Double bottom formation already shown and break of support level in the chart. TP at 114.3 .Happy trading and stay safe!
