Long

AUDJPY Long (Buy) Trend Setup

Updated

AUDJPY ran into a supply zone on the 4-hour and we're seeing a reaction to turn bullish and continue it's bullish trend. If the zone holds, we can aim for the zone at the top as targets. If it doesn't hold, we may get the stronger reaction from the zone below it. This setup has a great risk:reward.

Note

If you're in this trade, this would be a good area to take some profits.

Note

TP2 and trail stops below 79.79

Trade closed: stop reached

Stop hit in profit.

Note

Trailing stop hit in profit but we can see the target was finally reached.

AEFX786

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