Indecision on AUDJPY (Daily) provides potential reversal trade

After a preceding bearish trend (inside a range) on the AUDJPY (Daily), indecision has formed on Support. This provides a potential reversal trade. I am looking at a 1:3.2 LONG position with this trade. My entry and stop are positioned a few pips either side of yesterdays DAILY Indecision bar (Green bar). You may also like to add your spread to those positions.

Zlecenie aktywne:

Trade triggered and moved into a profitable position. Holding a trade over a weekend is a matter for each trader. Generally I don't like to do it. On this occasion I closed the trade with a small profit prior to the close on Friday.

Zlecenie zamknięto ręcznie:

Closed out on Friday prior to the weekend with a reasonable profit