FOLLOW_PIPS

AUDJPY- TREND ANALYSIS - LONG SETUP first and then SHORT

Long
FOLLOW_PIPS Updated   
OANDA:AUDJPY   Australian Dollar / Japanese Yen
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AUDJPY- TREND ANALYSIS - LONG SETUP first and then SHORT
Best to go Short after confirmation and completion of XABCD pattern -
Target - 250 to 300 pips

Tagged long - because it would go long first before heading south

KEY NOTE - SPECULATIVE SETUP - not a financial advise - Do your own analysis
Please use STOP LOSS and don’t risk more than 2% of your total account

Tagged LONG as I expect Gain first

📒 Major falling trend line set-up, Support and Resistance, XABCD pattern
± 73.12 fresh demand zone
± 76.53 fresh supply zone

📒 Analysis / Trade Setup / Long and then short
± AUDJPY 1 day chart
± Short-term Bullish # Long term-term bearish
± Sitting on a support level of 76.00
± 78.006 Very strong resistance
± Trend analysis, supply and Demand zone area
± Completion of XABCD pattern requires
± Go short for more pips only after completion
± once we hit resistance at 77.23 - the price might reverse
± Long - TP - 76.50
± Short TP 73.12
± recommend to LONG first before going short
± HAPPY TRADING


Trade active
Trade closed: target reached
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