Australian Dollar / Japanese Yen
Long
Updated

Long position (Short Term) - 45min Interval - AUDJPY

93
Hello Fellow Traders,

The currency pair (AUDJPY) is preparing for an imminent correction within the previous penetration of (KPZ). This position is arguably solely for a temporary periodical plan. As the overall trend of the pair (AUDJPY) is a negative direction.

Resistance Level 1 - (79.455 - 79.480) 25 pip interval

Blue Horizontal Line (KPZ) - (79.240 - 79.270) 30 pip interval

Support Level 1 - (79.010 - 79.040) 30 pip interval

Support Level 2 - (78.495 - 78.520) 25 pip interval

Furthermore, the imminent correction may non-the-less penetrate Resistance Level 1. (Wait For Confirmation, Patience is Vital)

Not Investment Advice. For Educational and Analytical Purposes Only. (Be Aware and Stick To Your Trading Itinerary)***

-LionGate
Note
Infiltrated Resistance Level 1 - Await Correction and then Formulate an Entrance For a Further Bullish Momentum. (Be Diligent and Acknowledge PA Volatility).

-LionGate
Trade closed: target reached
Penetrated Resistance Level 1 - Consolidation was Quite Long, but a (Bullish) Breakout has Become Prevalent. (Be Diligent and Await an Correction Prior to Re-Entry).

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