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FXLondonAnalysis

AUDJPY - Long

Long
Australian Dollar / Japanese Yen (OANDA:AUDJPY)  
FXLondonAnalysis Updated   
OANDA:AUDJPY   Australian Dollar / Japanese Yen
Trend Analysis Chart Patterns Technical Indicators
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trendanalysis chartpattern indicator
-This pair has been charting sideways but has still been respecting the upwards trendline with 4 touches
-Bullish engulfing candle on the 4hr TF is a nice indication to go long after bounce of trendline
-With a 1:4 RR and 112 pips TP, I'm in this trade now with a previous high target
Trade closed: stop reached:
Stopped out at BE, 36 pips at its highest but high impact news turned it around
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