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Micss22
2017年5月18日午後1時38分

AUDJPY BUY ロング

Australian Dollar/Japanese YenFXCM

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Analysis inside

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Some people have put their SL a few pips over the broken channel and now they are out.

The price will certainly continue this direction, although there is nothing assured of course.

The question is: why a bullish setup in a supposed bearish situation? An underneath channel break is bearish right?

Wrong. A meta-analysis is needed. For example, a double top pattern is only valid when, Already having happened the double peak, a deeper one appears that bounces all people off the market. The pattern is confirmed in the peak that breaks the two peaks, before going in the right direction.
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Jamal92
100% Agree. Lets just hope no more trump BS
Micss22
@Jamal92, Yeah, price is a little crazy in this political phase.
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