globalfxkingz

AUDJPY MAJOR CHANNEL BREAKOUT

Short
OANDA:AUDJPY   Australian Dollar / Japanese Yen
Since the extremely large drop on the majority of FX pairs, AUDJPY has been climbing up in an ascending channel which is visible on the daily chart . Price has broken out to the downside and has come back up to retest the channel. Our entry is at the 0.618 retracement zone of the previous swing.

TARGETS ARE MARKED OUT ON THE CHART. PURPLE LINES ARE SHORT TERM TARGETS! ENJOY YOUR TRADE!
Comment: SL HT
Trade active: PRICE HIT SL- HOWEVER WE JUMPED IN AGAIN
Trade closed: target reached: TARGET .1 REACHED