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UnknownUnicorn180388
11. Aug. 2017 12:25

AUD.JPY - Long Opportunity Long

FX:AUDJPY1D
Australian Dollar/Japanese YenFXCM

Beschreibung

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Currency Pair: AUD.JPY
Time Frame: Daily
Predicted Direction: Long

Additional Information:
A daily candle close is required prior to any pending order placement.

Live AUD.JPY updates will be available in the comments section below.

Kommentar

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A perfect bounce and retest of 86.00
I will be awaiting either a reversal or a break of 86.00 to confirm next move.
Trend AnalysisukforexsignalsAUDJPY
Kommentare
forexedd
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i agree with tom on this one i see a little pullback to further go to the upside
UnknownUnicorn180388
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@forexedd, We will have to re-evaluate next week to give us more confirmation.
Have a good weekend.
Ismail-T
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I think this is in a downtrend ,why you're thinking to long ;
UnknownUnicorn180388
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@Ismail-T
The market can be in a long term downtrend but markets have to consolidate which is what i am looking for.
Damian_Mach
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@tomhall, hey tom do you mind telling me what made you think that the market would consolidate before before continuing its downtrend thanks.
UnknownUnicorn180388
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@Markovnikov, Hi,

All markets impulse and consolidate on all timeframes, its identifying when that many find the greatest difficulty.
Damian_Mach
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@tomhall, I completely agree, was there an indicator of some sort that helped you say now is probably a time of consolidation before the downtrend continues?
Damian_Mach
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@tomhall, never mind,i think you answered my question on your graph lol
UnknownUnicorn180388
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@Markovnikov, lol no problem :-)
Ismail-T
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@tomhall, You cannot guarantee the consolidation
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