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naytebarkerfx
Jun 19, 2019 6:21 PM

AUDJPY, Start of the corrective leg, riding it up to structure Long

Australian Dollar/Japanese YenFXCM

Description

The red line is my daily structure line, where I have my TP set. Got in this move a little later than I wanted as I just woke up, saw the move and decided the risk reward was worth it. I don't expect this to be fast moving and I do expect heavy bearish momentum to continue, just not for a few days. Small lot size so letting this ride.

Trade closed: stop reached

In a bit too early it seems, stop loss hit and will watch for lower time frame transition at a lower level if this trade is going to play out.
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