Price broke the highest price of Asia. If the price stays above and shows no lower lows and if the price is ranging after i will enter a long position on this pair.
Extra info:
- Price broke above the 1st buyers territory on the 1h chart.
- Fundamentals are in line with a long position (AUD = strong / JPY = weak)
- Price broke asia session to the upside, that means there is power to the upside.
- Price is pulling back, but waiting on confirmation that pullback is done.
Extra info:
- Price broke above the 1st buyers territory on the 1h chart.
- Fundamentals are in line with a long position (AUD = strong / JPY = weak)
- Price broke asia session to the upside, that means there is power to the upside.
- Price is pulling back, but waiting on confirmation that pullback is done.
Comment:
Pullback is fully digested, waiting for the price to become a range around 92.78 area. once range is created i'm trying to enter around the bottom of this range.
Trade active:
Entered at 92.964. SL: 92.783
Trade closed manually:
Closed the trade at 93.195. price was ranging at target area.