AUDJPY may push upward 1D 50EMA break Trendline Bounce

Australian Dollar/Japanese YenFXCM

Description

⋅ Jul 11, 2022 1:03 AM

50EMA break 2 days ago
Bounce from major trendline upward
ALREADY Formed higher highs
50EMA > 100EMA > 200EMA

Entry: 20EMA - Green EMA
Stop Loss: Slighty below 50EMA (Red EMA)
Initial Target Price - Higher High
Trailing Stop Loss: Previous day high

Risk: 1-2 %

Comments

clangeles

⋅ Jul 11, 2022 3:29 PM

End of Trade.
Stop loss was hit.

clangeles

⋅ Jul 11, 2022 1:06 AM

Correction:
Trailing Stop Loss: Previous Day Low
MACD: near Zero