AUDJPY, 1hr tf buy entry in case you missed it

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Hello my friends,

I managed to ride AUDJPY during market open and enter exactly at 74.10 according to my previous post.
AUDJPY, daily tf, Elliott Wave corrective 4th wave


Some people might missed this entry chance as price only touch it for a brief time and shoot up after that.

I am gonna share how to enter this pair in case you still want to follow my buy position.
We won't buy at current price because it is not offering a good RR ratio.
It is better to skip this trade if you're left behind because there will be plenty of trade to follow later on.

Wait for price to retrace around 74.30 and initiate buy from this area.
It is better to use buy limit order for this pair setup.

Buy AUDJPY 74.30
Stop loss 73.90
Take profit at 75.40

RR Ratio 1 : 2.75
Use only 1-2% risk
Good luck

Disclaimer : I bought AUDJPY from 74.10

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