AUDJPY with potential triangle.
2 Entry Points
1. At E - with stop loss above C. ( More risk as the breakout could occur to upside , as shown in prior post for this pair)
2. Retest of trendline following downside breakout. Stop Loss above E. ( Maybe a better entry point)
Target 1 @ .7590 ( equal legs projection of CD ) .
Target 2 @ 74.80 ( important swing low ) .
2 Entry Points
1. At E - with stop loss above C. ( More risk as the breakout could occur to upside , as shown in prior post for this pair)
2. Retest of trendline following downside breakout. Stop Loss above E. ( Maybe a better entry point)
Target 1 @ .7590 ( equal legs projection of CD ) .
Target 2 @ 74.80 ( important swing low ) .
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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.