AUDJPY (Long)
Impulsive waves (1,2,3, & 5) spotted on the 15min and on the 4hr timeframe we've bounced off 38% Fibonacci inditicting this a bullish move. I've placed my stop at a place that will invalidate the trade and enough room to go retrace. On a larger analysis (4hr) iIm seeing that this has the potential to go to hit 72.000, so I won't be rushing to pull out the trade if I get to my take profit level.
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