Long on AUDJPY, H4 - forex leaning place

forex leaning place

The need to exchange currencies is the primary reason why the forex market is the largest, most liquid financial market in the world.

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Tuesday 4 July 2017

Long on AUDJPY, H4

AUDJPY was on the way of forming a tweezer bottom candlestick formation at dynamic support level created by 30 & 50-period moving average.

So I'm planning to go long after the closing of the candle as green.

At the time of writing the article, I'm already entered the trade. So now it's waiting time. I'll let you know the update and publish future images in this post. Keep in touch and trade safe.

I've got out of the trade with a 40 pips profit @ 1:1.5 risk to reward ratio.

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