AUDJPY, Start of the corrective leg, riding it up to structure
The red line is my daily structure line, where I have my TP set. Got in this move a little later than I wanted as I just woke up, saw the move and decided the risk reward was worth it. I don't expect this to be fast moving and I do expect heavy bearish momentum to continue, just not for a few days. Small lot size so letting this ride.
Transakcja zakończona: osiągnięto poziom stop:
In a bit too early it seems, stop loss hit and will watch for lower time frame transition at a lower level if this trade is going to play out.
