AUDJPY BUY setup
Updated
The trade is based on the retest of the blue trendline. So, we have a nice setup here, like I said before the trade is based on the retest of the blue trendline, to support our swing their is a nice zone of support, the 38.2% fibs of the last uptrend, the 23.6% fibs of the last 2years and to add more confirmation to the setup, their is a strong uptrend trendline. For now on i'm not sure if I will take it or not, I will see how it goes for the next fews days. when the Tp1 is hit I ALWAYS put my SL breakeven. I don't usally trade big timeframes like that so let's see!
Go check out my profile to more ideas like that!
enjoy :)
EP---86.4348
SL---85.6190 (81pips)
TP1---87.4772 (breakeven)
TP2---88.5197
TP3---89.6528
Go check out my profile to more ideas like that!
enjoy :)
EP---86.4348
SL---85.6190 (81pips)
TP1---87.4772 (breakeven)
TP2---88.5197
TP3---89.6528
Trade closed manually
I close this trade 5pips in profit, there is no bull momentumTrade active
I re-enter at 86.553 with a tight SL
Related publications
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.