AUDJPY SHOWING A GOOD UP MOVE WITH 1:8 RISK REWARDAUDJPY SHOWING A GOOD UP MOVE WITH 1:8 RISK REWARD
DUE TO THESE REASON
A. its following a rectangle pattern that stocked the market
which preventing the market to move any one direction now it trying to break the strong resistant lable
B. after the break of this rectangle it will boost the market potential for break
C. also its resisting from a strong neckline the neckline also got weeker ald the price is ready to break in the outer region
all of these reason are indicating the same thing its ready for breakout BREAKOUT trading are follws good risk reward
please dont use more than one percentage of your capitalfollow risk reward and tradeing rules
that will help you to to become a bettertrader
thank you
Audjpylongsetup
AUDJPY LONG POSSIBLE ⬆️Buy Audjpy now 92.940
⭕️SL @ 92.120
🔵TP1 @ 93.554
🔵TP2 @ 94.508
🔵TP3 @ 95.462
🔵TP4 @ 96.642
🔵TP5 @ 97.550
Audjpy long analysis done by Manpritfx
What are these signals based on?
Technical Analysis, Price Action Candlesticks, RSI, Moving Average.
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