PriceActionTrading
Long

AUDJPY BREAK UPWARDS FINALLY?

FX:AUDJPY   Australian Dollar/Japanese Yen
171 10 12
BUY THE BREAKOUT.

H4
snapshot

D1
snapshot
moneymaking
2 years ago
Hey price action, thank you for attaching the 4 hr and daily charts. They helped to get the bigger picture and see the overall major trend. Appreciate it. Good Luck mate :)
+1 Reply
PriceActionTrading moneymaking
2 years ago
Yes. Thanks you. Just showing the price action. D1 also has a double doji if you were to zoom into it. Doji inside a doji. Would produce a burst up or even burst down.
+1 Reply
Entered a small buy with SL 95.20. If price manages to reach there, this trade is invalid.
Reply
Trend changing. 95.50 kill zone broken. Need to look at AUD pairs from another angle now.
Reply
moneymaking
2 years ago
It's the news that killed this setup :(
+1 Reply
PriceActionTrading moneymaking
2 years ago
Yes indeed. I got stopped out sadly. And now it is just lingering around my stop loss mocking me.
+1 Reply
moneymaking PriceActionTrading
2 years ago
Ya, I have seen that the market likes to tease traders a lot. I think that's what it is made to do :)
Reply
Considerably weak advance there, ended being a fake breakout. :/
Reply
PriceActionTrading IvanLabrie
2 years ago
Indeed. Definitely not bullish on this pair right now. Probable sell but better pairs to observe.
Reply
IvanLabrie PRO PriceActionTrading
2 years ago
You want to see rapid moves, if the breakout's real, not small range candles like these.
That was the culprit I think, not news.
Reply
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