AUDJPY Analysis using our Volume Trend Method and Price Action
After a couple of really nice signal to signal swings, I expect the current weakness trend to end right around where the last strength trade started. (82.753)
I am looking now to exit a short and enter long around the above level but will wait for the actual indication.
The Volume Trend Advisor (The red and green indications) cannot repaint as it uses closed price and volume analysis to determine likely changes in direction/trend. The Green icon = Strength and the Red icon = Weakness. If you have any questions regarding this fairly simple and accurate method of analysis, please contact us directly via PM here or via our website.
I am looking now to exit a short and enter long around the above level but will wait for the actual indication.
The Volume Trend Advisor (The red and green indications) cannot repaint as it uses closed price and volume analysis to determine likely changes in direction/trend. The Green icon = Strength and the Red icon = Weakness. If you have any questions regarding this fairly simple and accurate method of analysis, please contact us directly via PM here or via our website.
Commentaire:
I made a mistake in the text of the original. It should have read "where the last strength trend started" Not trade. Sorry about that.