Audjpy Trend following buy trade
I'm anticipating a trend-following trade based on the current price at daily support. Analyzing the one-hour chart, I observe a double bottom pattern. First, wait for the neckline break, then enter the trade after the breakout. Finally, trade on the neckline retest.
Entry 96.77
Stop loss 96.45
Targets 97.17 , 97.40 & 97.74
Entry 96.77
Stop loss 96.45
Targets 97.17 , 97.40 & 97.74
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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.