FALSE BREAK OUT ON AUDJPY
Updated
After triggering a false channel breakout, AUD has fallen significantly to continue its upward momentum and broke major support at 97.807, which indicates strong bearish momentum against the Japanese yen.
Note
closed half of my position in profit and moved SL to breakevenTrade closed: target reached
closed trade in decent profits
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.