AUDJPY 15 Minute Open
Updated
Price opens at 50% of the previous volume area
before yesterday's close and starts trading up out of
that volume area. Entry was on the break above
the first 15-minute candle looking for a target of
the fair value gap @100.469 (70.7 IR \ 100 APP
Confluence) or @100.580 (78.6 IR).
Profit Target 3:1
before yesterday's close and starts trading up out of
that volume area. Entry was on the break above
the first 15-minute candle looking for a target of
the fair value gap @100.469 (70.7 IR \ 100 APP
Confluence) or @100.580 (78.6 IR).
Profit Target 3:1
Note
My stop loss was a bit tight as the evening went on and I ultimately decided to move it to just below 50% of the opening candle @100.06 to give it just a little more room to breathe.Trade closed: target reached
Trade successfully executed.
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