AUDJPY: Very NIce Buy Opportunity

FX:AUDJPY   Australian Dollar / Japanese Yen
568 2 20
Price has bounced from a key support level , the sliding parallel of an upsloping pitchfork , but still we should take no action. What we should wait is to see if price breaks above the corrective structure it has been moving after an impulsive to the upside. In that case we should wait for a correction like a flag pattern and buy its breakout trying to catch the next impulse.

Key support at daily chart:
Comment: Price broke above the trendline acting as resistance to the corrective structure. Wait for a buy setup completion before going long
good morning
so pls advice - trade in active ?
@Yakir, No, but as I told you, you need a setup in order to trade a market. If you have a setups completion for a sell setup you may take it. Overall I expect an up move, but it seems it has started yet.
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