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cvfxwealth
Aug 24, 2020 12:59 AM

AUDJPY Flag Breakout 

Australian Dollar/Japanese YenFXCM

Description

AUDJPY in flag formation pattern. Expecting a breakout shortly.

See green lines (TP areas) once we have a breakout north or south.

Current Entries: I would only sell this pair as it is overbought but if you are looking to buy I have the trades below:

Buy @ current price of 75.77 with 20 pip stop loss
TP @ 76.60

Sell @ 76.63 area or back of up bottom flag area.
TP @ 74.37 area


Good luck trading!
Let me know how I can help or if you have any questions.

Charles V
cvfxmanagement.com
@cvfxwealth
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