blockfanatic

AUDJPY Stress-free play (still open)

Long
FX:AUDJPY   Australian Dollar / Japanese Yen
It's been a good few days for AUDUSD . First, a Bearish engulfing signal (red circle) that was supported by the higher timeframes (Weekly AND Monthly red candles). Final signal was the pair sitting on a major support level . Trade triggered, triple-digit pips profit and out.
A few days later (yesterday) a Bullish Outside Bar (red doodle underline). Same deal here in the opposite direction. Weekly and Monthly chart bullish, trading on a support level of the higher time frames, so open position and aim at a triple-digit pips profit.
Stress-free, minimum risk, a good way to trade, I think.

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