AUDJPY H4 LONG PRICE ACTION FORECAST

After the ascending channel breakout, price action could retest the resistance level of the breakout for further uptrend continuation to the next resistance level. MACD formed a sell signal for confirmation of a possible correction. E/P right at the Fibonacci level

S/L: 100 pips - R:R | 1:3.7 - T/P aiming next resistance level.

Order cancelled

Price action kept upward momentum without correction. Order was not triggered. Trade cancelled.

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