Friday, March 5, 2021

AUD/JPY

Supporting RSI and Moving Averages are 34 candles
TP: Last Turning Point - used to identify Support (SL) and Resistance (RL) Levels
AUD/JPY
10-Feb-02:00 -> 05-Mar-14:00
Target Level: 81.9820
 
SL: (A) 81.9820 Last TP of Descending Triangle
RL: (B) 84.0340 Last TP of Descending Triangle
Target Period: 3 days
 
Interval4 hour
PatternDescending Triangle
Length62 Candles
Identified05-Mar-02:00
Descending Triangle identified at 05-Mar-02:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 81.9820 within the next 3 days.
Supported by Downward sloping Moving Average

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