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noobieYETpro
Jan 11, 2021 6:36 PM

LONG OPPORTUNITY IN AUD/JPY Long

Australian Dollar/Japanese YenFXCM

Description

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 😃
Comments
StewySongs
Now just the higher time frame structure. 👍
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