Looking at AUDJPY and how it behaves right now, I find it quite interesting.
Price has been coiling and look at the way it rose. Step by step. Meaning buyers are stepping in slowly.
Now, I would way for a confirmation first, with a long position towards 98,300.
What makes this setup different could be the patience behind it. I will be waiting for price to revisit the highlighted level first and look for signs of volume and candles patterns.
Let me know in the comments what you think.
Price has been coiling and look at the way it rose. Step by step. Meaning buyers are stepping in slowly.
Now, I would way for a confirmation first, with a long position towards 98,300.
What makes this setup different could be the patience behind it. I will be waiting for price to revisit the highlighted level first and look for signs of volume and candles patterns.
Let me know in the comments what you think.
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
