MarcuDan
Long

AUD/JPY, Long setup, Downtrend Channel breakout

FX:AUDJPY   Australischer Dollar/Japanischer Yen
AUD/JPY             has been in a downtrend on the 4H chart for the last 3 weeks, the down channel being a corrective structure of a bigger uptrend. Now we are looking on the price breaking out of the channel, suggesting a changing in forces on the market towards bulls side.

Long positions will be initiated if the price re-tests the downtrend channel or broken support line.
Enter - at the test of suport line 77.6x
Stop - below downtrend minimum 76.3x
Take Profit - around Fib. 0.618 extension or the previous downtrend maximum 80.6x
!Another TP can be considered around the Daily downtrend trendline 82.00

Looking for a risk/reward up to 1:3
Risk per trade 2%

!The idea will be invalidated if the price comes back in the down channel .
DE Deutsch
EN English
EN English (UK)
EN English (IN)
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Startseite Aktien-Screener Devisen Signal-Finder Kryptowährung Signal-Finder Wirtschaftskalender So funktioniert es! Chartmerkmale Hausregeln Moderatoren Webseite & Brokerlösungen Widgets Stock Charting Bibliothek Feature-Anfrage Blog & Nachrichten FAQ - Häufige Fragen & Antworten Hilfe & Wiki Twitter
Profil Profileinstellungen Konto und Abrechnung Meine Support Tickets Support kontaktieren Veröffentlichte Ideen Followers Ich folge Private Nachrichten Chat Abmelden