🔥 Setup Summary:
Item Details
Bias: ✅ Bullish
Reasoning:
- Fundamentals strong (expectation no interest rate cuts + CPI bullish)
- JPY weak + overbought COT
- Exogenous: AUD strengthening
- Seasonality bearish short-term BUT medium-term bias bullish
Primary Entry: 🔑 92.30 (Buy Zone)
Dip Buy Zone: 🔄 91.80 – 92.00 (0.5–0.618 Fib retrace)
Stop Loss: 🚫 90.54 (below structure + 0.786 Fib)
Take Profit 1: 🎯 94.15 (below last swing high)
Take Profit 2: 🎯 95.00+ (extended target for trend continuation)
Risk:Reward: ~1:3+ (Entry at 92.3 / TP at 94.15–95.00)
Item Details
Bias: ✅ Bullish
Reasoning:
- Fundamentals strong (expectation no interest rate cuts + CPI bullish)
- JPY weak + overbought COT
- Exogenous: AUD strengthening
- Seasonality bearish short-term BUT medium-term bias bullish
Primary Entry: 🔑 92.30 (Buy Zone)
Dip Buy Zone: 🔄 91.80 – 92.00 (0.5–0.618 Fib retrace)
Stop Loss: 🚫 90.54 (below structure + 0.786 Fib)
Take Profit 1: 🎯 94.15 (below last swing high)
Take Profit 2: 🎯 95.00+ (extended target for trend continuation)
Risk:Reward: ~1:3+ (Entry at 92.3 / TP at 94.15–95.00)
Trade closed: target reached
✅ This trade played out as expected, driven by a strong fundamental bias📌 The entry at 92.30 was well-timed, aligning with structure, Fib retracement, and confirmation from exogenous strength in AUD.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.