AUDJPY (H4): Approaching LT Trendline, ST Triple Bottom Formed

23 באוק׳ 2018

AUDJPY
Timeframe: H4
Direction: Long

Confluences for Trade:
- Stochastic Oversold momentum
- Close to Strong Resistance of L/T Trendline (since May 2016)
- S/T Triple Bottom Formed

Suggested Trade:
Entry @ Area of Interest 79.12 -79.85
SL: 78.62
TP: 81.14
RR: Approx. 2.00 (Depending on Entry Level)


May the pips move in our favor! Good luck! :D

*This trade suggestion is provided on an advisory basis. Any trade decisions made based on this suggestion is a personal decision and we are not responsible for any losses derived from it.

23 באוק׳ 2018

עסקה פעילה

24 באוק׳ 2018

הערה

yesterday's drop formed a double bottom aside from the other triple bottom previously mentioned. Looking good :D

26 באוק׳ 2018

עסקה סגורה: הגיע לסטופ

Trade reversed due to a very volatile market currently.

27 באוק׳ 2018

עסקה פעילה

This trade idea is still strong. Unlucky that it touch the SL first before rebounding back. Chance to re-enter. :D

31 באוק׳ 2018

הערה

Lock in half your profits and move SL to BE levels.

You are then able to run this trade as a risk-free trade.

1 בנוב׳ 2018

עסקה סגורה: היעד הושג

Closed the trade 20 pips away from the TP level. Good catch, moving on to the next one!