Australian Dollar / Japanese Yen
Short
Updated

AUDJPY Trade Idea Short and Long

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AUDJPY Trade Idea Short And Long Opportunity

AUDJPY is testing the support of H1 Chart.  If it breaks below the support, Bullish White Swan pattern would be completed at the D Leg 82.88.

Trade Setup #1

TRADE: SHORT

ENTRY: 83.50 - 83.45

STOP LOSS: 83.75

TAKE PROFIT: 82.95

and we will look for a Long Trading opportunity based on Bullish White Swan

TRADE: LONG

AREA OF ENTRY: 82.90 - 82.80

STOP: 82.60

TAKE PROFIT: 83.50

TAKE PROFIT 2: 83.90

IMPORTANT: Patience and Money Management are key to success in trading.  Your risk ( Stop Loss ) must be maximum 1%.

DISCLAIMER: This is a technical analysis study, not an advice or recommendation to invest money on.
Trade closed: target reached
Short Trade Generated 55 Pips
Long Trade Stoped Out 20 Pips
Trade Closed with 35 pips profit

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