AUD/JPY Trading Analysis (27/09/2023)

The trend is ascending. The stock is traded in the range between 365 and 135 ЕМА. The downward inner structure is truncated. There is bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the oversold state.
 

Trading idea:

Buy at the formation of the ascending wave structure, where the A wave breaches the 95.197 (pivot 2 of the downward structure).

Stop-Loss: 5.000.

Target price levels:  95.600; 96.000.

#audjpy #forex #forextrading #tradersroom #daytradingpatterns #forexexpertadvisor