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Evan_Moe_Money
Jan 27, 2020 8:55 AM

Australia vs. Japan Long

Australian Dollar/Japanese YenFXCM

Description

Right here, we do have a long entry. BUT this one is a bit sketchy, so we should use a smaller position.

In the bigger picture, we just finished a Sequence the second time, and so we activated an even bigger sequence, which now could retrace into its B-C Correction level.

All in all, its a bit complicated, but could work. Me personally, I will take a trade, but with minimal risk.

Happy Trading!

PS I will wait for some structure in the M30 to time my entry. I want a small sequence to form. If that does not happen, I will not enter a trade!

Comment

On its way to the target, lets see if it will be hit!
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