noobieYETpro

LONG OPPORTUNITY IN AUD/JPY

Long
FX:AUDJPY   Australian Dollar / Japanese Yen
Reasons-

1) Weekly & daily trend is up as per 200 ema and ichimoku cloud .
2) Inverse head & shoulders decisively changed the market structure from lower low to higher lows and highs.
3) On faster timeframes, price taking support on previous resistance actint as support showing conviction of the market participants.
4) Successful break & restest of trendline on H4.
5) Buying with small risk and big profit potential.

Kindly trade at your own risk.
Good Luck πŸ˜ƒ

Comments

Now just the higher time frame structure. πŸ‘
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