AUDJPY ran into a supply zone on the 4-hour and we're seeing a reaction to turn bullish and continue it's bullish trend. If the zone holds, we can aim for the zone at the top as targets. If it doesn't hold, we may get the stronger reaction from the zone below it. This setup has a great risk:reward.
Comment:
If you're in this trade, this would be a good area to take some profits.
Comment:
TP2 and trail stops below 79.79
Trade closed: stop reached:
Stop hit in profit.
Comment:
Trailing stop hit in profit but we can see the target was finally reached.
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Disclaimer: I do not take all of the trades I publish.
Facebook Group: www.facebook.com/groups/aefx786
For my signal & fully automated copy-trading services, get in touch @ t.me/Ajaz_Elahi
Disclaimer: I do not take all of the trades I publish.