AUDJPY Trade Setup (Jan 22)

23 January 2016, 10:02
Lahcene Ouled Moussa
0
96
  • YEN has been weak for the last couple of days, and thus AUDJPY has gone north, after making Double Bottom.

    In fact, this is one of the textbook reversal patterns – Double Bottom + Higher High.  (Bullish divergence is a plus!)

    When we see this patter, we should look for Higher Low, and buy!


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