AUDJPY with potential triangle.
2 Entry Points
1. At E - with stop loss above C. ( More risk as the breakout could occur to upside , as shown in prior post for this pair)
2. Retest of trendline following downside breakout. Stop Loss above E. ( Maybe a better entry point)
Target 1 @ .7590 ( equal legs projection of CD ) .
Target 2 @ 74.80 ( important swing low ) .
2 Entry Points
1. At E - with stop loss above C. ( More risk as the breakout could occur to upside , as shown in prior post for this pair)
2. Retest of trendline following downside breakout. Stop Loss above E. ( Maybe a better entry point)
Target 1 @ .7590 ( equal legs projection of CD ) .
Target 2 @ 74.80 ( important swing low ) .