AUDJPY Long - Entry on Break Up or Bounce off Bottom Channel
AUDJPYI am look at 2 possible entries here.
If AUDJPY breaks above the high I will enter for T1 of ~11 pips and T2 of ~23 pips.
I will also be watching for AUDJPY to retrace to the bottom of the channel for an entry as well.
Approximates Entries, Targets and Stops.
Enter above: 85.55
T1: 85.67
T2: 85.78
SL: 85.4
Trade active
Entered at 4:30 PM. The entry candle was bigger than expected.Entry: 85.59
T1: 85.77
T2: 85.96
SL: 85.4
Trade closed: target reached
T1: 85.77 reachedTrade closed: target reached
T2: 85.96 reached. This trade is complete :)
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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.