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FX.co ★ AUDJPY M15: Triple Bottom

AUDJPY M15: Triple Bottom

Triple BottomThe Triple Bottom pattern has been formed on AUDJPY M15. It has the following characteristics: resistance level 108.16/108.06; support level 107.80/107.84; the width is 36 points. In the event of a breakdown of the resistance level of 108.16, the price is likely to continue an upward movement at least to 108.08.
The M5 and M15 time frames may have more false entry points.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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