AUD/JPY Price Trap Strategy
for this strategy, I trapped price with support and resistance.
For this to play out, I'd like to see a break out of the zone either way.
After a breakout, wait for retest back to the zone.
After retest, wait for 2 consecutive 15 minute candles breakout to enter the trade.
Twin Trade
0.01 per $100
20 pip SL, 20-30 pip TP
Move SL to BE after 15-20 pips
just an idea :-)
For this to play out, I'd like to see a break out of the zone either way.
After a breakout, wait for retest back to the zone.
After retest, wait for 2 consecutive 15 minute candles breakout to enter the trade.
Twin Trade
0.01 per $100
20 pip SL, 20-30 pip TP
Move SL to BE after 15-20 pips
just an idea :-)
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