AUDJPY - Bullish

23 thg 7, 2023

It has made a series of HL and HH, forming a bullish trend. A recent HL is also created below the 0.382 fibs at 0.5 fibs. The current price is around 0.382 fibs, hence we are taking an entry at market price with SL just below the last LH and TP1 & 2 set at 1:1 and 2:1 R/R ratio respectively. Also, no RSI divergence is detected, further confirming the continuation of the trend.