AUDJPY likely headed to 73

We just broke out of the .618 level mixed with a break from a pennant (continuation pattern) so I can see this pair heading north from here. Likely target is 73.

Trade chiuso: obiettivo raggiunto:

Target reached, closed most of my position. Will ride a small portion to see where it takes me.

Commento:

www.tradingview.com/chart/gC3yhd14/

Commento:

Wrong chart sorry. Here is the proper one.

Trade chiuso: obiettivo raggiunto:

Closed out the rest of my position as we are approaching an important zone of trendline resistance on the weekly. I think things have a good chance of getting bumpy before a trend resumes.

Commento: