For Traders and Investors. This is how I’ve been actively and currently trading AUDJPY since the start of this past week, and, now I have shared with you how I intend to accurately predict its next price movements potentially as a result of backtesting and preparing key details that should work profitability. If you agree this idea hit the boost thanks.
- In the beginning, the process of identifying, figuring out, learning, and executing this high-probability Buy Opportunity started with the recent presentation of this Bullish Candle at the 19th-hour mark on Wednesday, possessing these four specific principles below that I strongly believe has the potential capacity within itself to effectively influence the price of AUDJPY to rise 161 pips above the top bullish candle at $100.182 in the next 7 days from today while protecting the price of AUDJPY from hitting a 37.5 pip stop loss below the top bullish candle at $98.199 - This was and still is the first Bullish Candle of this recent week.
(THESE ARE THE FOUR SPECIFIC PRINCIPLES IT POSSESSES BELOW 👇🏾) 1st Principle present =This Bullish Candle with the (Blue Ema) are both above the (Red Ma) - Essential 2nd Principle present = This Bullish Candle has and will remain to have a flat bottom - Essential 3rd Principle present = This entire Bullish Candle is fully below the Ichimoku Cloud - Essential 4th and final Principle present = The previous wick of this Bullish Candle is 25 pips away from the top bullish candle, which is greater than the last bullish previous wick (20) by 5 = automatically making it a greater previous wick, knowing that the greater the previous wick > the more effective, profitable, and powerful this Bullish Candle should become within itself to influence the price to rise.
(Greater Chart View/Work) - 🌅
(Buomkuoth's Buy Position off this Bullish Candle revealed) - 2.25.2024 My Entry Price was $98.550 / The current price is at $98.788 The price of my take profit is set at $100.182 (161 pips) The price of my stop loss is set at $98.199 (35.1 pips) - My risk management rules are in place within this position (2-4% risk)
(Bk) Buomkuoth Nhial Reath 💎 / Glory be to God Almighty
הערה
CLOSING MY BUY POSITION NOW! It seems to me now that the price of AUDJPY will fall till the next reversal point.
הערה
Looking to BUY AUDJPY before the market closes
עסקה פעילה
I meant open above. Just bought AUDJPY at $98.093 The price of my take profit is set at $98.842 (80 pips) The price of my stop loss is set at $97.692 (40 pips) - risk management is applied
עסקה פעילה
Bought AUDJPY at $97.422 off a new Bullish Candle I found. The price of my take profit is set at $98.195 (77.4 pips) The price of my stop loss is set at $97.176 (24.6 pips) Risk Management is applied and calculated.
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