AUDJPY - POTENTIAL LONG ENTRY
AUDJPY OUTLOOK
Price is currently in a possibly short term bullish trend.
Trades within the range is possible whereby we can wait for a retracement to the key order block before making it's way up again.
Since price is currently retracing to the support of the range, impulse long entries would be possible when there is a clear rejection to the upside.
SL will be placed just below the support.
Final TP will be placed before the recent resistance.
Price is currently in a possibly short term bullish trend.
Trades within the range is possible whereby we can wait for a retracement to the key order block before making it's way up again.
Since price is currently retracing to the support of the range, impulse long entries would be possible when there is a clear rejection to the upside.
SL will be placed just below the support.
Final TP will be placed before the recent resistance.
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