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UnknownUnicorn493766
16 apr 2019 02:09

AUDJPY - ENTRY, STOP, TAKE PROFIT. Lång

FX:AUDJPY240
Australian Dollar/Japanese YenFXCM

Beskrivning

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DEFINED LEVEL TO DISTINGUISH IF THE BIAS LONG IS INCORRECT AFTER THE PULL BACK.

HIGHER HIGHS AND LOWS BEING FORMED

NO CONFIRMED TREND CHANGE ON THE LOWER TIME FRAMES.

MOVE LOWER NOW VERY STRONG ON THE 1 HOUR BECOMING OVER EXTENDED.

TARGET: RECENT HIGHS ON THE 4 HOUR.

STOP: BELOW 50 EMA AND FIB RE-TRACE 0.618.

ENTRY: ROUGHLY IN THE AREA DISPLAYED.

Kommentera

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NOT ENTERED
Trend Analysis
Kommentarer
FXCM
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Agree with your bullish view:
UnknownUnicorn493766
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@FXCM-EDU, Thanks, I thought a possible inverse head and shoulder might be the second chance entry. Seems to be the case, so well done.
I would have loved the retrace for my entry to have occurred, it didn't so i didn't enter. No profit but also no loss. I'll look for another trade down the track.
Mer