ForexRobotNation.com – Best Forex Robot & Expert Advisor Reviews Forex Robot, Expert Advisor AUD/JPY Long-Term Trend: Bullish
Key Resistance Levels: 95.143, 95.402, 95.898
Key Support Levels: 94.800, 94.311, 93.921
4-Hour Chart:
The price on the higher time frame has been in an uptrend recently after it tested a support level of 92.836 and bounced back. The pair has continued to break a few resistance levels which suggests further trend continuation.
AUD/JPY Medium-Term Trend: Bullish
30-Minute Chart:
On the lower time frame, the pair is moving in the major trend’s direction. It broke a consolidation zone of 93.921 and 94.311 and has sustained above that. As of now the pair has broken and retested a minor level of 94.800 before continuing the momentum.
Signal Idea:
Buy Stop Order @ 94.938
TP @ 95.114
Stop Loss @ 94.762
Trade Safely 🙂
It’s good that if signal doesn’t go upto tp we saved by breakeven. But how often trades hits to tp !! second day saved by breakeven.
We had a hot winning streak very recently in the free room. Sometimes we do have breakeven trades which is fine.
Will have more trades.
Definitely not saved by breakeven, this trade would have hit TP without breakeven, be smart.