FX:AUDJPY   Australian Dollar/Japanese Yen
77 7 4
a break of yellow zone price
1st target 87.419
2nd target 86.805
3rd target 86.159

trend line flip to be resistance but if price break above the trend line watch for confirmation and go long to target 89 - 90 level
Comment: 1st target hit
Comment: possibility to retest level 87.97 - 88.13 and would be good opportunity to enter short again
Comment: as mentioned price tested 88.13 but continue to up, and since trend line is still working as resistance look for confirmation to short ,( only on confirmed break up of trend line look for long entry )
Comment: Trade almost on secind target , plan still valid
Comment: price hit 2nd target and bounce up now yellow zone need to be watched to reenter short trade if the zone hold as resistance (if it holds )
Comment: just to say again the trade is still valid
price hit first target
Reply
Good Ali!

CharlieFX
Reply
a.h1979 CharlieFx96
Thanks Bro
Reply
Good! Nothing to do much here as you are all set, just sit back and wait, try peer over the 1hr chart.

What you can do is move your stop gradually closer towards your profits after each target is hit, so you can cover yourself of course! well... as the price moves in your favor!

That is all here a-b, good luck!

CharlieFX
Reply
a.h1979 CharlieFx96
pair is moving to first target waiting also to close below marked level
Reply
Awesome mate!

:) See patients bro ;)

CharlieFX
Reply
a.h1979 CharlieFx96
thanks bro,
waiting for close hope fully
Reply
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