Ace Trading Academy - AUDJPY Trade Precision Analysis

AUDJPY's previous 1-hour candle has closed and showed us a big wick rejection from the downside pushing back up to the upside. We have a previous wick rejection from the .5 area and a recent wick rejection from the .382 area on the fib tool.

Watching for a break to the upside!
Watch attached video for detailed explanation of trade.

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Trade ist aktiv:

Still following the fib and respecting the support line be patient.