OANDA:AUDJPY   Australian Dollar / Japanese Yen
AUDJPY
Market/price trending up. Price is respecting trendline structure, longterm bias is long.
Price might retest the trendline support then move back up however I will be looking at how the price/market moves before placing a BUY trade.
Trade will be valid if the price continues to respect the trendline and continues in an uptrend amongst other things.
Open to ideas on how/what I can improve
Comment:
It looks like price is choosing to shoot straight up instead of retesting the trend line support as I said in the previous post.
Weekly and Daily also support my bias.
Trade closed: target reached
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