BigPipper

AUDJPY Long - Entry on Break Up or Bounce off Bottom Channel

Long
BigPipper Updated   
OANDA:AUDJPY   Australian Dollar / Japanese Yen
AUDJPY

I am look at 2 possible entries here.
If AUDJPY breaks above the high I will enter for T1 of ~11 pips and T2 of ~23 pips.
I will also be watching for AUDJPY to retrace to the bottom of the channel for an entry as well.

Approximates Entries, Targets and Stops.
Enter above: 85.55
T1: 85.67
T2: 85.78
SL: 85.4
Trade active:
Entered at 4:30 PM. The entry candle was bigger than expected.
Entry: 85.59
T1: 85.77
T2: 85.96
SL: 85.4
Trade closed: target reached:
T1: 85.77 reached
Trade closed: target reached:
T2: 85.96 reached. This trade is complete :)
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.