The Aussie-Yen has once again approached an ancient resistance level from the Monthly timeframe spanning several years.
As expected a move above the resistance it to stop out FOMO-ing sellers took place (though on much less momentum than should be), as we are having some slight doubts about this trade I have painstakingly selected the safest entry for you guys....if a minor head & shoulders occurs with a break out of its neckline as shown, we should have the downside momentum we so much desire to take us to Tp1 and possibly Tp2.
This was for you guys, thanks for your likes, Sub's and constructive criticisms.... Keep winning!.
Remember, if this was remotely useful to you don't forget that thumbs up button, drop a quick Sub and your professional constructive criticisms...we are all growing and we need each others advice and encouragement.
As expected a move above the resistance it to stop out FOMO-ing sellers took place (though on much less momentum than should be), as we are having some slight doubts about this trade I have painstakingly selected the safest entry for you guys....if a minor head & shoulders occurs with a break out of its neckline as shown, we should have the downside momentum we so much desire to take us to Tp1 and possibly Tp2.
This was for you guys, thanks for your likes, Sub's and constructive criticisms.... Keep winning!.
Remember, if this was remotely useful to you don't forget that thumbs up button, drop a quick Sub and your professional constructive criticisms...we are all growing and we need each others advice and encouragement.
