DatTong
Long

AUDJPY - Buy on dip - H4 chart

FX:AUDJPY   Australian Dollar / Japanese Yen
It's good to consider a buy for AUDJPY if the current candle closes with favourable rejection from the blue supporting level.

We had both long-term on D1 and H4 chart which confirming a chance to trade with the uptrend.

Set R/R for 1:2 and the target is at the arrow.
Nov 08
Comment: H4 closes with no rejection, so just wait for closing above, then review the trade.
Nov 08
Order cancelled
My view:
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This is a hard sell along with nzdj, you need to see the big picture within the markets, not only the 4h-1h...
+1 Reply
@SRTUV1, Just wait till it closes above the that zone and come back
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I m following this pair for quite a long now .... just to mention...best entry to buy will be at 74.80 with s/l 74.60-50-45 ....Tp 75.80 ...its my setup. Thanx ... at 74.80 look for reversal then enter.
+1 Reply
DatTong maharjan
@maharjan, 74.80 is also a good confluence level
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The 4h candle is red right now. there is about 20' to close this candle. I will wait for this case.
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DatTong lenam59
@lenam59, If it closes badly, then can skip and wait for other chance!
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