Long AUD/JPY based on RSI MA Cross signal
Signal: RSI MA Cross
This pair is trading just below the monthly central pivot; if it closes above it, it should rise to at least the monthly R1.
Profit Target: Monthly R1, about 325 pips
Stop Loss: If the price closes below the monthly M2, about 125 pips.
This pair is trading just below the monthly central pivot; if it closes above it, it should rise to at least the monthly R1.
Profit Target: Monthly R1, about 325 pips
Stop Loss: If the price closes below the monthly M2, about 125 pips.
Trade closed: target reached
I took a profit and closed the trade.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.