AUDJPY is in an established uptrend, forming higher highs and higher lows. A buy stop is positioned above the recent swing high to confirm bullish continuation. The setup includes a defined stop-loss below the previous higher low to manage risk and two target profit levels (TP1 & TP2) aligned with key resistance zones. This approach favors trend-following traders seeking confirmation of upward momentum before entry.
Trade active
As long as the price remains above our SL level , our pending buy stop remains validOrder cancelled
Setup is cancelled. 
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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.