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AUDJPY Trade Idea Short And Long Opportunity

Update: Short Trade Reached the target 55 pips

AUDJPY Trade Idea Short And Long Opportunity  03-14-2018

AUDJPY is testing the support of H1 Chart.  If it breaks below the support, Bullish White Swan pattern would be completed at the D Leg 82.88.

Trade Setup #1

TRADE: SHORT

ENTRY: 83.50 – 83.45

STOP LOSS: 83.75

TAKE PROFIT: 82.95

and we will look for a Long Trading opportunity based on Bullish White Swan

TRADE: LONG

AREA OF ENTRY: 82.80 – 82.70

STOP: 82.60

TAKE PROFIT: 83.50

TAKE PROFIT 2: 83.90

UPDATE: Short Trade Reached the target with 55 pips. We wait for the Long Entry.

 

IMPORTANT: Patience and Money Management are key to success in trading.  Your risk ( Stop Loss ) must be maximum 1%.

DISCLAIMER: This is a technical analysis study, not an advice or recommendation to invest money on.

 

 

 

CHARTREADERPRO INTRADAY SIGNALS
AUDJPY Trade Idea: Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. Chartreaderpro does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility
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