AUDJPY – Guess The Pattern

Posted on Feb 7, 2024 | by Yuki Tanaka


Can you guess the chart pattern?

audjpy forex analysis chart pattern

The answer is: This is a rising wedge.

The market is correcting now, and there is a possible chance to enter after the pullback.

Previous Market Movement:

It formed on 4 hourly charts with AUDJPY previously with good clear possible long-term sell targets of 235 pips!

Disclaimer:

The content of this article is purely educational purpose does not give any trading advice to Buy or sell securities. All investing and trading in the securities market involve risk. IntraQuotes disclaims any liability for any damages or losses that may arise from using the information in this article. Traders are solely responsible for their own decisions and actions when choosing and trading with any broker. IntraQuotes disclaims any liability for any damages or losses that may arise from using the information in this content.

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