Hi All,
This is one of medium to long term scenario for audjpy . I have open a small buy on this pair with the us and China trade noise in the background, however as you can see we are in a downtrend channel that looks exhausted with caution . Technically we should see some movement upwards for price correction .
Risk is medium and reward is 3times bigger than risk . So so to entry after 30pips .
Many thanks
This is one of medium to long term scenario for audjpy . I have open a small buy on this pair with the us and China trade noise in the background, however as you can see we are in a downtrend channel that looks exhausted with caution . Technically we should see some movement upwards for price correction .
Risk is medium and reward is 3times bigger than risk . So so to entry after 30pips .
Many thanks
Trade active
Trade active:
Move so into profit & sell inbtw