Long AUD/JPY based on RSI MA Cross signal
Updated
Signal: RSI MA Cross
This pair is trading just below the monthly central pivot; if it closes above it, it should rise to at least the monthly R1.
Profit Target: Monthly R1, about 325 pips
Stop Loss: If the price closes below the monthly M2, about 125 pips.
This pair is trading just below the monthly central pivot; if it closes above it, it should rise to at least the monthly R1.
Profit Target: Monthly R1, about 325 pips
Stop Loss: If the price closes below the monthly M2, about 125 pips.
Trade closed: target reached
I took a profit and closed the trade.
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