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.
Transaction en cours:
price has made its way down to the trendline expected, expecting bullish momentum onto the next trading week.
Commentaire:
breached trend line but bullish bias still valid
Commentaire:
hovering at strong resistance level.