AUDJPY - Long
-This pair has been charting sideways but has still been respecting the upwards trendline with 4 touches
-Bullish engulfing candle on the 4hr TF is a nice indication to go long after bounce of trendline
-With a 1:4 RR and 112 pips TP, I'm in this trade now with a previous high target
-Bullish engulfing candle on the 4hr TF is a nice indication to go long after bounce of trendline
-With a 1:4 RR and 112 pips TP, I'm in this trade now with a previous high target
Trade closed: stop reached
Stopped out at BE, 36 pips at its highest but high impact news turned it around
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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.