Price has retraced to the bottom of the channel. I am now waiting for a bullish candle to form for AUDJPY on the 1H chart.
Approximates Entries, Targets and Stops.
Enter above: 85.5 or 85.66
T1: 86.07
T2: 86.49
SL: 85.25
Approximates Entries, Targets and Stops.
Enter above: 85.5 or 85.66
T1: 86.07
T2: 86.49
SL: 85.25
Trade active
Entered at 1:00 AM. Engulfing candle on 1H ChartEntry: 85.5
T1: 85.75
T2: 86.25
SL: 85.25
Note
T1 is 1:1 Risk/Reward and T2 is 1:3 Risk/RewardTrade closed: stop reached
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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.