AUDJPY on daily showing strong bullish momentum with EMA's crossed over confirming buyers coming into the market with a resistance turned into support broken as well as the trendline. On our H4 execution timeframe we are seeing a pullback to the broken daily trendline and H4 support zone which will set us up for long positions once the trendline and support have been retested and rejected.
Trade ist aktiv:
Adjusted trendline and entry after the formation of the bullish harami.
Trade ist aktiv:
Adjusted SL to give the market room to move
Trade geschlossen: Stop wurde erreicht