Audjpy Trend following buy trade

16 thg 1

I'm anticipating a trend-following trade based on the current price at daily support. Analyzing the one-hour chart, I observe a double bottom pattern. First, wait for the neckline break, then enter the trade after the breakout. Finally, trade on the neckline retest.

Entry 96.77
Stop loss 96.45
Targets 97.17 , 97.40 & 97.74