AUDJPY Long Trade Setup
Hello traders.
I'm expecting either daily X wave and one more down move or totally upside, which will break the previous top.
I believe taking a long trade will be a good idea in both cases. As you can see, a correction is in the making. So, I put an entry order. Minimum target is the completion of daily X wave.
Trade with care...
I'm expecting either daily X wave and one more down move or totally upside, which will break the previous top.
I believe taking a long trade will be a good idea in both cases. As you can see, a correction is in the making. So, I put an entry order. Minimum target is the completion of daily X wave.
Trade with care...
Note
I hope it will make a correction before it tags my entry order. Taking a long trade with a pending order after such a sharp up move is dangerous.Note
The drop doesn't look good. If it makes a correction I will close my trade with a small loss. Otherwise, win or loss, I won't touch it.Trade active
Note
Finally. You can leave it alone or move your stop loss to breakeven. I'm doing anything.Note
*I'm not doing anything.
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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.