CapitalHillFX

Potential Buy Setup on AUDJPY

Long
OANDA:AUDJPY   Australian Dollar / Japanese Yen
Onto AudJpy, we were waiting for price to pullback to this Significant Daily Level and follow with bullish rejection. Looking on the daily charts, it looks pretty apparent that price is beginning to reject away from the zone!

But scoping down to the 4H charts, we had two strong bullish candle closures (which I should've entered after but I was asleep) and now the following candle is showing some bearish movement. I'll be waiting for another bullish candle before thinking of placing any orders on this one.

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