Price failed to break that high so you know, it might go down; however, on weekly/monthly TF it's looking bullish so I'm being careful. I'm personally waiting for it to break trendline, retest and give me a proper confirmation so I can short it down to 97.320 (near 0.5 fib level). I'm picking the 0.5 fib level as my exit just in case if price touches that level and continues in an uptrend.. I've seen it happen before.
There's a 4H demand at 0.5 fib level, breaker block that's already been touched at 0.618 fib level, this setup looks clean as mf. If I were to go long if price reacts accordingly at those levels, I'd exit at the high or -0.272 fib level (99.275).
This is my plan, copy it at your own discretion.
AUDJPY
There's a 4H demand at 0.5 fib level, breaker block that's already been touched at 0.618 fib level, this setup looks clean as mf. If I were to go long if price reacts accordingly at those levels, I'd exit at the high or -0.272 fib level (99.275).
This is my plan, copy it at your own discretion.
AUDJPY