TraderMozo

AUDJPY - Possible continued climb

Long
FX:AUDJPY   Australian Dollar / Japanese Yen
PAIR IN FOCUS: AUDJPY
ACTION: LONG
HORIZON: MEDIUM TO LONG-TERM


After breaking above and retesting several structure levels, price may continue to climb higher based on momentum. Daily candle has shown that there is bullish momentum.

Suggested TP will be @ 1:1 R:R and 2:1 R:R.

Stop loss is place below the structure level, with space for another possible retest.

Let's see how this works out!
Comment: TP 1 reached +80 pips!
Lets see if TP 2 can be reached as well, cheers!
Trade closed: target reached: TP 2 reached as well +162 pips!

Comments

Looks like you might get stopped out soon!
Do you have a refreshed view on this?

We would love to see your refreshed view!
We currently are looking for a short on this pair... Would love to hear your thoughts!
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@FXCM, have to wait till TP or SL for a refreshed view. Cheers!
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here is what I will be following on AJ
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TraderMozo transparent-fx
@transparent-fx, looks great, cheers!
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