AUDJPY (H4): Approaching LT Trendline, ST Triple Bottom Formed

23 thg 10, 2018

AUDJPY
Timeframe: H4
Direction: Long

Confluences for Trade:
- Stochastic Oversold momentum
- Close to Strong Resistance of L/T Trendline (since May 2016)
- S/T Triple Bottom Formed

Suggested Trade:
Entry @ Area of Interest 79.12 -79.85
SL: 78.62
TP: 81.14
RR: Approx. 2.00 (Depending on Entry Level)


May the pips move in our favor! Good luck! :D

*This trade suggestion is provided on an advisory basis. Any trade decisions made based on this suggestion is a personal decision and we are not responsible for any losses derived from it.

23 thg 10, 2018

Giao dịch đang hoạt động

24 thg 10, 2018

Ghi chú

yesterday's drop formed a double bottom aside from the other triple bottom previously mentioned. Looking good :D

26 thg 10, 2018

Đóng lệnh: dừng lỗ

Trade reversed due to a very volatile market currently.

27 thg 10, 2018

Giao dịch đang hoạt động

This trade idea is still strong. Unlucky that it touch the SL first before rebounding back. Chance to re-enter. :D

31 thg 10, 2018

Ghi chú

Lock in half your profits and move SL to BE levels.

You are then able to run this trade as a risk-free trade.

1 thg 11, 2018

Đóng lệnh: đạt mục tiêu

Closed the trade 20 pips away from the TP level. Good catch, moving on to the next one!