FX:AUDJPY   Australian Dollar/Japanese Yen
14 0 2
Playing the odds; lower 2nd S/d of down trend and a supposed newly formed uptrend.
This trend looks appealing because of the oversold status of the Yen. The illustrated channel will provide a consolidation area. If broken someone should attempt to trail the position for an intermittent time period.

R:R +3/1

Related Ideas

RBtrage
Uj Long
RBtrage about USDJPY 4 months ago
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