AUD / JPY DAILY BEARISH MOMENTUM TO FOLLOW ?
https://www.tradingview.com/x/ASh189Mu/
Description
AUD JPY on a daily overall looks bullish , but on a biggger scenario it is an pullback on daily level to 50 % of overall bearish momentum of the pair ( look left a big bearish momentum can be seen Jul to sept 2024.
*ATM the pair has given us a hint on reversal by two way , first a retracement of 61 % and 50 % on daily TF then followed by a good head and shoulder pattern on 4hr level ,signaling us a potential reversal of the pair.
*Trade can be taken with bearish confirmation on 4hr and 1hr confirmation .
Things i look on markets are
Market structure
SWING
IBOS - Break of structure and change of pair character
Fractal structure to trade on 4hr and 1hr
Description
AUD JPY on a daily overall looks bullish , but on a biggger scenario it is an pullback on daily level to 50 % of overall bearish momentum of the pair ( look left a big bearish momentum can be seen Jul to sept 2024.
*ATM the pair has given us a hint on reversal by two way , first a retracement of 61 % and 50 % on daily TF then followed by a good head and shoulder pattern on 4hr level ,signaling us a potential reversal of the pair.
*Trade can be taken with bearish confirmation on 4hr and 1hr confirmation .
Things i look on markets are
Market structure
SWING
IBOS - Break of structure and change of pair character
Fractal structure to trade on 4hr and 1hr
Transaction en cours
Trade fermée: cible de profit atteinte
some good profits here.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.