AUDJPY: Bullish pattern and reverse Head & Shoulder

Long

Dollar australien/Yen japonais (FX:AUDJPY)

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FX:AUDJPY Dollar australien/Yen japonais

harmonicpatterns trendanalysis waveanalysis

AUDJPY completed a bullish advanced pattern and also a reverse Head & Shoulder. On 60 min chart price broke out the neck line of H&Sh with a strong engulf bullish candle. I am expecting price to move upside up to 81.80. After reaching that zone i am considering both possibilities for a continuation move up or one more down.

Good Luck!

Commentaire:

60 min chart

Commentaire:

Up or down? Price reached both resistance zones. Let's see which of them will be broken and we can take the next trade.

Commentaire:

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