AUDJPY - 5 Reasons For A Daytrade Buy!

Updated
Buy #AUDJPY Plan

First Entry was at 81.82
Second Entry is pending order at 81.61
Stop is at 81.29
Target is at 82.29

I have 5 reasons to buy AUDJPY for a daytrade.

1. Currency Strength Meter AUD is strong JPY is Week
2. Trendline Support
3. Support Zone Intraday
4. Market Profile from yesterday
5. Bullish Divergence Signal

The Rules:
If second entry is activated then the target for first entry is at breakeven and the target for second entry is at main target
Also if the second entry is activated and price reaches the level of first entry then move stoploss of second entry to breakeven.

like and comment to receive more analysis , thank you for your support.
The trading strategy is fully explained in video below
Note
All trades closed at breakeven
AUDJPYChart PatternsTechnical IndicatorsTrend Analysis

Disclaimer