AUDJPY 4H Long
A long opportunity has presented itself on the 4H timeframe of AUDJPY.
It meets all the rules for my strategy:
Trend: it is with the trend (shown by trendline and 100 EMA)
Value: it is at strong previous resistance
Trigger: Hammer formation
Risk: 1%
Reward:2.6%
Targets: Take targets at previous structure
Stops: underneath previous structure with some room to move
Anyone wishing to contact me with any Q's about my strategy can find me here: matthewhogantrading@yahoo.com
It meets all the rules for my strategy:
Trend: it is with the trend (shown by trendline and 100 EMA)
Value: it is at strong previous resistance
Trigger: Hammer formation
Risk: 1%
Reward:2.6%
Targets: Take targets at previous structure
Stops: underneath previous structure with some room to move
Anyone wishing to contact me with any Q's about my strategy can find me here: matthewhogantrading@yahoo.com
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