I was looking at AUDJPY and as per my set up, any retrace is a good opportunity to go long as price will attempt to reach marked levels which are based on Fibonacci levels. Let's see.
Trade active:
While price has gone above the entry price of 93.081, since it is moving sluggishly, the stop has to be brought to just a few pips above breakeven. Usually, price will show momentum when the levels are drawn to go up. If we don't see that, then, we have to focus to protect capital.
