AUDJPY , htf continuation pattern breakout&pullback

Price has worked its way through the descending channel that formed a htf bullish flag pattern, breakout and pullback occurred with execution possible on small time frames. Potential 200+ pip move to the upside.

Trade ist aktiv:

price has made its way down to the trendline expected, expecting bullish momentum onto the next trading week.

Kommentar:

breached trend line but bullish bias still valid

Kommentar:

hovering at strong resistance level.