AUDJPY - Bullish Gap is closed

A very simple approach to this trade: I was waiting for the bullish gap to close and look for a cheaper entry point. The price is currently within range of the major price retracement levels.

I am awaiting price action confirmation but expecting a re-test of the last high. The 200-EMA may well serve as a pivotal slingshot. As long as the last low (higher low) is intact, this trade stays active.

God speed!

Trade attivo:

Going long