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AUDJPY
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Okay, so here we have a correction heading into the Fibonacci zone which is our Psychological area/respected zone where we find our Resistant Trendline crossing - So this basically means we are on for a retests!
2 confirmations here:
1. Retest/Correction/Fibonacci Retracement/Psychological Area
2. Break and Retest on Resistant Trendline.
Check 4hourly Time Frame and see on the zone the price rejection, that is where the price will make a turn again...or simple put a fibonacci zone...then your 50.0 will be your buy limit order!
Please follow me for free content and please check my previous analysis!
Free Content.
#ForexCartel_
Okay, so here we have a correction heading into the Fibonacci zone which is our Psychological area/respected zone where we find our Resistant Trendline crossing - So this basically means we are on for a retests!
2 confirmations here:
1. Retest/Correction/Fibonacci Retracement/Psychological Area
2. Break and Retest on Resistant Trendline.
Check 4hourly Time Frame and see on the zone the price rejection, that is where the price will make a turn again...or simple put a fibonacci zone...then your 50.0 will be your buy limit order!
Please follow me for free content and please check my previous analysis!
Free Content.
#ForexCartel_
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