This is a continuation of my last trade on Aud/Jpy.
Price have broken out of the trendline and is now closing in on it for a potential retest.
Price also has the Ema 50 4H helping with confluence along with the overall high timeframe trend.
I am waiting for a touch and confirmation on my idea.
Tradeplan:
Wait for touch.
Wait for lower timeframe confluence.
SL: 20 pips below SR
TP: 100
Price have broken out of the trendline and is now closing in on it for a potential retest.
Price also has the Ema 50 4H helping with confluence along with the overall high timeframe trend.
I am waiting for a touch and confirmation on my idea.
Tradeplan:
Wait for touch.
Wait for lower timeframe confluence.
SL: 20 pips below SR
TP: 100
Trade attivo
SL: 98.26TP: 99.48
Trade chiuso: stop raggiunto
Price had a initial bounce. And the next touch reached for my SL. Price is still above the TL but i would need more confluence than that for another go at this long trade.Plan now is to wait for a break in any direction and trade based on that direction.
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.