AUDJPY 4hour Analysis October 10th, 2021

252
AUDJPY Bullish idea

Weekly Trend: Bearish
Daily Trend: Bullish
4Hour Trend: Bullish

Trade scenario 1: Looking very bullish on AJ and we’re aiming to continue with this trend. Ideally price action pulls back to form structure near support around 81.400 and continues bullish from there.

Look to enter long after we can confirm our next structure forming higher low

Trade scenario 2: For us to consider AJ bearish we would need to see a break below support at 81.400 with a lower high below.

Look to target toward our next support level.

Exención de responsabilidad

La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.