We can see that the AUDJPY pair is making effort to move HH. A breakout upward might be promising after the forming of ascending wedges. Do wait for a pull back after the breakout before placing your trade. A formation is just a formation till it breakout (Please always remember that!). I will continue to monitor this pair, in the event of breakout (upward/downward) i will post another chart to update this.




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[Disclaimer : Please do your own due dilligent when trading. Above idea is for reference purpose, you are responsible for your own action. ]

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AUDJPYaudjpylongaudjpyneutralChart PatternsTechnical IndicatorsneutralTAtechnicalanlysisTrend Analysis

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