sarfus1

Potential nice trade in AUDJPY 4 hour chart

Penjualan
sarfus1 Diupdate   
OANDA:AUDJPY   Dollar Australia / Yen Jepang
The currency pair has been in a downward descending channel since March 18 and is approaching the top level of the channel again. It is also approaching level with lots of resistance and support and could potentially line up nicely with 50% fib level or even test the 61% fib level before turning down again. Waiting for an entry on the 1 hour chart.
A breakout of the channel to the upper side would suggest a bull trap or an invalidation of the trading idea.
Order dibatalkan:
12 pips from my entry signal and the pair is already falling so not a valid entry for me although it is in the correct direction. Will look for new entry.
Order dibatalkan:
would have been an awesome trade but you gotta obey your trading plan. Still frustrating......
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