FX:AUDJPY   Australian Dollar / Japanese Yen
Hey traders,

Hope you all had a great Christmas.

Right now AUDJPY is currently breaking resistance with strong bullish momentum, if we see price close above this area we can expect the market to continue the bullish trend .

I will be risking 1% and looking for a 3% return. My SL will be roughly 15-20 pips and my TP will be 45-60 pips. (Depending on my SL)

If you wish to use this idea, please enter at your own risk and use good risk management (YOU DONT NEED TO USE MY SL AND TP, IF YOU WISH TO USE YOUR OWN THAT'S FINE)

If you find this idea helpful...

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Drop a comment below on what you think🗨

Good luck on your trades.

Comments

Thanks for your input and advice it’s much appreciated✌️👊
Reply
Nice Idea, I'd be waiting for a retest / rejection of 78.85 level for entry
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fxpays RossTyler
@RossTyler thanks the comment and your advice it’s much appreciated👌
+1 Reply