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UKTRADERS21

Audjpy Trend following buy trade

Long
Australian Dollar / Japanese Yen (OANDA:AUDJPY)  
UKTRADERS21  
OANDA:AUDJPY   Australian Dollar / Japanese Yen
Trend Analysis Support and Resistance Double Top or Bottom
1
0
trendanalysis supportandresistance doubletoporbottom
I'm anticipating a trend-following trade based on the current price at daily support. Analyzing the one-hour chart, I observe a double bottom pattern. First, wait for the neckline break, then enter the trade after the breakout. Finally, trade on the neckline retest.

Entry 96.77
Stop loss 96.45
Targets 97.17 , 97.40 & 97.74
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