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AFINE
Mar 28, 2018 5:41 PM

AUD/JPY - H1 - LONG. Long

Australian Dollar/Japanese YenFXCM

Description

On AUD/JPY we have an important breakout of a Downtrend line and the moving average of 200 periods, which bring to the asset a bullish perspective. Our entry price is set above the breaking of 61% of the wave, the target price is set in a previous important top and the stop is in the downtrend line previously broken.

AUD/JPY

LONG

ENTRY PRICE: 81.913

TARGET: 82.373

STOP: 81.457

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Comments
TradeIndicators
Great chart! Simple and accurate in our opinion. Thanks for producing great content.

Your $81.913 is the exact spot we would have entered into as well. Great breakout price.
AFINE
TradeIndicators
@AFINE, Welcome! You have a great reputation and deserve it for great calls like this!! Enjoy the profits :)
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