Audjpylong
AUDJPY Potential Long If Market Pulls Back #AUDJPY Potential Trade
We can see a clear uptrend with this pair smashing through a very very strong Daily level , retesting it and respecting that level .
You can read the daily details in the bottom right . Technicals for 4hr are clear ,Ascending Daily Purple Trendline , lining up with the daily level of structure if we look left the red arches show clearly the level of strength this zone has with multiple frequent and recent touches all respecting the level .
Will wait to enter at daily level on 4hr chart with the correct candle alignment .
Sl below the daily level and by then the 50 and even stronger 200MA alongside 2 4hr levels of structure .
AUD/JPY STRUCTURE LONG|TRADING PLAN
The pair successfully bounced from a strong horizontal resistance, and is now at a support level+the diagonal triangle support is nearby.
Therefore our structure trade is a long.
TRADING PLAN:
1-Wait for the diagonal resistance breakout
2-Go long after pullback
3-Targets, SL, on the chart.
4-Next long opportunity will be near the triangle support.
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