AUDJPY is trading within the ascending triangle formation.
the price sets higher lows and respects the same high.
bullish violation of a horizontal resistance will be the perfect trigger to buy.
target levels:
75.6
76.0
safest stop will be below the last higher low.
in case of the bearish violation of the trend line, setup will be invalid.
Note
Idea marked as "SHORT"but it is "LONG" :D
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✅Join My Telegram Channel: t.me/VasilyTrading
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⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
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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.