AUDJPY on a bullish price action 🦐
AUDJPY on the daily chart is trading in a totally bullish bias.
The price is keeping delivering new highs and is almost 10 days that we don't see a down candle.
After an impulse we should expect some retracement and by using our Fibonacci instrument we can see how the fist level (0.382) is over a daily support.
According to Plancton's strategy IF the price will slowly retracing and test that level we could move on the 4h timeframe to look for a nice inversion and set long order.
The price is keeping delivering new highs and is almost 10 days that we don't see a down candle.
After an impulse we should expect some retracement and by using our Fibonacci instrument we can see how the fist level (0.382) is over a daily support.
According to Plancton's strategy IF the price will slowly retracing and test that level we could move on the 4h timeframe to look for a nice inversion and set long order.
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