DONATE & Share Post Your Content On Smart Money Management

Search This Blog

Sunday, July 25, 2021

AUDJPY - BUY ABOVE @81.00/40

AUDJPY - BUY ABOVE @81.00/40

(Don't forget to like this idea and follow me for more updates. Thanks a lot!!!)

BULLISH PINBAR
On Wk1, this is what is formed as a rejection candlestick from key support area and likely to close above another
key support (above @133). Hence, we can start to think bullish for this week.

NEW HH AND HL FORMING
On H4, we can clearly see how price action is carving new HH and HL. All we need is a breakout of the immediate
resistance and proper retest of it, preferably above @81. 40

MARKET GAPS
If you are very familiar with what market gaps are, you will know that those portions labeled "gaps' will sooner or later
get filled, against all odds. This could happen if price changes trend already back upside.

Always remember that nothing is fixed. So, stay very safe and observe all your trading plan and strategy strictly. Thank you!

DISCLAIMER: Please note that this is not an investment advice for anybody to run or undertake; It is for
educational purposes only and they are my personal views on these assets. If anything goes south, I am not liable.
Also, know that Forex is a high risk and reward business. So, do not trade with borrowed money or the one you can
not afford to lose.



from TradingView Ideas https://ift.tt/3iENNis
via gqrds

No comments: