The Aud/Jpy pair brake, last week, of the 200sma on the daily and 50sma on 4h chart SurpriseBox . In the daily chart formed a morning star pattern and a double bottom on the 4h chart. Target in the 82.75 area was hit.
Disclaimer: I trade the patterns depicted either at the entry point stated (e.g. trading channel, breakouts) or afterward. Although my trades are based on technical analysis, trading forex is a risky activity and may produce significant monetary loss. I only make public the trades that I am considering to make, or made and the rational for them. Not intended necessarily as trading recommendations. By SurpriseTrade@gmail.com
