AUDJPY: Buy Setup Completion Based On Median Line Analysis

Long

Australian Dollar / Japanese Yen (FX:AUDJPY)

Updated

FX:AUDJPY Australian Dollar / Japanese Yen

AUDJPY medianline

Price is has rejected the lower parallel of an upslope median line. At the level we have two key fibonacci level which in addition with median line analysis give us a very good buy opportunity. Stoploss and profit targets a sshown at the chart.

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Trade closed: stop reached

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