I would like to see price to exit the channel testing the 9250 level and then retrace back up. I have identified previous areas on divergence within the rsi using the red vertical lines. Feel free to comment any thoughts or ideas & follow if agree.https://www.tradingview.com/x/hAvHvkv3/
SAN value per share is currently being traded at $6.52 per stock. Monthly high was December 3rd 2007 being at $22.34 per stock. Price level of $4.89 per stock has been a major level since is has been a strong support area. I could expect price to fall $1.63 per stock to $4.89 per stock then retrace back up to the $10.75 per stock since that would be the closest...
AUDJPY BUY STOP
TAKE PROFIT 1: 84.250
TAKE PROFIT 2: 86.000
TAKE PROFIT 3: 89.000
STOP LOSS: 78.700
ENTRY TO TP 3 is 679 PIPS
Disclaimer: This is a trade idea and i am not solely responsible for any mishap or unsatisfactory caused by the trade going in the opposite direction.