I'm speculating (or expecting) AUDJPY to make a quick call and by using candlestick patterns, I'll be searching for a sell opportunity around 80.570. Once I entered, I'll be holding for a drop until it reach TP1 (partial close at 79.737), and possibly (depending on the market volatility) to hold the rest of the calls until it reach TP2 (78.848).
Trade closed: stop reached:
Unfortunately, Stop reached. -250 pips for this trade. Moving on to the next Currency ideas.
Comment:
Sorry, it's 25 pips. Not 250 pips.