AUDJPY close to major support/resistance area Long

AUSTRALIAN DOLLAR / JAPANESE YENICE

Description

⋅ Feb 13, 2018 5:07 PM

AUDJPY is bouncing off very strong support/ressistance area. We can see here unfinished double bottom combined with two GAP;s based on daily chart. I would go long here with SL just below longest wick and TP when pair will meet 200 ema on 4H.

Trade closed: stop reached

⋅ Feb 14, 2018 1:47 PM