AUDJPY - Bullish Gap is closed

FX:AUDJPY   Australian Dollar / Japanese Yen
A very simple approach to this trade: I was waiting for the bullish gap to close and look for a cheaper entry point. The price is currently within range of the major price retracement levels.

I am awaiting price action confirmation but expecting a re-test of the last high. The 200-EMA may well serve as a pivotal slingshot. As long as the last low (higher low) is intact, this trade stays active.

God speed!
Trade active: Going long
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Send feedback Ideas Published Followers Following Private Messages Chat Sign Out