Trade idea for AUD/JPY

6 ביולי 2020

When we look at the chart we can see that the price is struggling to break above the resistance level from 16/06. What we also do have to keep in mind is that if we enter this trade. That there is also a wedge that is in the way of our TP. What we have to do is see if it is able to break below the wedge. If that is the case than the change that it will drop even more becomes bigger.

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7 ביולי 2020

הערה

Price is fighting to break the wedge. Will see if it is able to break below it. If it isn't than just close the trade