AUDJPY Trade Idea Short and Long

AUDJPY Trade Idea Short And Long Opportunity

AUDJPY is testing the support of H1 Chart.  If it breaks below the support, Bullish White Swan pattern would be completed at the D Leg 82.88.

Trade Setup #1

TRADE: SHORT

ENTRY: 83.50 - 83.45

STOP LOSS: 83.75

TAKE PROFIT: 82.95

and we will look for a Long Trading opportunity based on Bullish White Swan

TRADE: LONG

AREA OF ENTRY: 82.90 - 82.80

STOP: 82.60

TAKE PROFIT: 83.50

TAKE PROFIT 2: 83.90

IMPORTANT: Patience and Money Management are key to success in trading.  Your risk ( Stop Loss ) must be maximum 1%.

DISCLAIMER: This is a technical analysis study, not an advice or recommendation to invest money on.

Trade closed: target reached:

Short Trade Generated 55 Pips
Long Trade Stoped Out 20 Pips
Trade Closed with 35 pips profit