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ForexStoreau
Apr 8, 2020 1:37 AM

AUDJPY - GAP YET TO BE FILLED - 161% FIB Extension target Long

FX:AUDJPY240
Australian Dollar/Japanese YenFXCM

Description

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Good morning traders,

Fairly simple trade set up here.
AUDJPY still has a gap yet to be filled.

The 161.8% FIB extension level could provide a target, this is also inline with the gap which needs filling.

Any thought or comments let me know!
Trend AnalysisChart PatternsTechnical IndicatorsAUDUSDAUDJPYgapfillRBAUSDJPY1618 Fibonacci Extension
Comments
transparent-fx
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I will be looking at this development on audjpy based on my TA
NotSoRougeTrader
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Market entry?
NotSoRougeTrader
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Where would you set your SL if you were to long from here?
ForexStoreau
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@akibrobiul, Possible stop loss set below the 38% retracement, either enter now or wait for a break above the high of 67.80
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