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xftrading
Sep 14, 2020 9:38 AM

AUDJPY LONG Long

AUD/JPYOANDA

Description

Looking to go long on AUDJPY. If we see wave (X) fully form and begin gaining momentum off the 61.8% retracement level we will make our long entry, a second long position will be added when we begin rising from first entry to 77.046 (second entry). Second entry will be exited at 78.457 whilst having 1st entry modified to break-even on stop. 1st entry will be closed in full at 79.547 which may take a few days to fully form in our favour.
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