Jamal92

Buying Potential - AUDJPY

Long
FX_IDC:AUDJPY   Australian Dollar / Japanese Yen
The trend line has been respected since the 23rd of November 2016. I will set my order when it touches the trend line but ONLY if it doesn't break it but respects it. I will then leave my order and hold it till around the 87.500 levels.
Comment: I am contemplating setting up a buy. I will wait if the bar to close above the trend line to confirm a buy order but if the trend line is broken and tested and struggles to get up. A valid sell will be available
Trade active: The Trend line got respected so I have put a buy around the 86.095
Trade closed: target reached: Hit my target of 86.500