Entering a 1:1 RR long position on AUDJPY.
Looking at the higher time frame, we can see AUDJPY is extremely bullish, with the daily time frame creating higher highs.
H4 time frame shows a break and retest pattern as the descending trendline has been broken out of indicating the bullish continuation towards the upside.
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Disclaimer: The content shared is for educational and informational purposes only and does not constitute financial, investment, or trading advice. I am not a licensed financial advisor. Any actions you take based on this content are done at your own risk. Past performance is not indicative of future results.
Looking at the higher time frame, we can see AUDJPY is extremely bullish, with the daily time frame creating higher highs.
H4 time frame shows a break and retest pattern as the descending trendline has been broken out of indicating the bullish continuation towards the upside.
___
Disclaimer: The content shared is for educational and informational purposes only and does not constitute financial, investment, or trading advice. I am not a licensed financial advisor. Any actions you take based on this content are done at your own risk. Past performance is not indicative of future results.
Trade active
TP 1 hit.Secured 70% of profits & set SL to BE.
Trade closed: target reached
TP hit.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.