AUDJPY Long with 3 Confluences.

已更新
List of Confluences:

1: Trendline Breakout
2: Key level Breakout around 81.73*
3: Inverse Head and Shoulder Pattern

Summary: This setup has a risk reward (RR) of 3.75 to 1. We can see a trendline breakout on the daily time frame, which indicates a possible bullish move.
A key level breakout is also visible on the daily time frame around 81.73*. This shows a change in market structure from bearish to bullish.
Inverse head and shoulders pattern has formed in the daily time frame which further supports a possible bullish move.
交易开始
We looking to hold until target is reached, stop loss gets hit or close around the end of the month. Whichever comes first.
注释
Price came back for the another retest of the key level which was another opportunity of us to enter long if we missed the entry from earlier.
交易结束:到达止损
AUDJPYaudjpyanalysisaudjpybuyaudjpydailyaudjpylongaudjpylongsetupHead and ShouldersInverse Head and ShouldersSupport and ResistancetredlinebreakTrend Lines

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