OANDA:AUDJPY   Australian Dollar / Japanese Yen
AUDJPY has been travelling in an ascending channel on the daily chart , more visible here
Price broke our of this channel to the downside and as shown above on the 4H char, price has been making its way up as a retracement. On its way up it has formed a trendline which has now been broken, indicating that the short trade we expect is coming.....
Comment: HIT SL due to a fundamental spike, trade still active and we have jumped back in at the previous entry
Trade active


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