AUDJPY RISING WEDGE

2019년 8월 18일

On the Aussie/Yen we are in a Bearish Market, therefore analyzing for short opportunities. Dropping into the 4hr time frame we have identified levels of structure to look out for, coming up close to our Daily Resistance we speculate price form a Rising Wedge around our Resistance, we can find reason to enter the market at the break out of this pattern or wait for price to continue higher to our Resistance before finding reason to enter short.