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JeffyT

Boring D1 Trade on Strong Trending AUDJPY

Long
Australian Dollar / Japanese Yen (OANDA:AUDJPY)  
JeffyT  
OANDA:AUDJPY   Australian Dollar / Japanese Yen
Trend Analysis
1
1
trendanalysis
AUDJPY has been trending up for a really long time. We can see this on the higher (W1, D1) timeframes.

I'm entering after a pullback as price continues upward to take advantage of that trend, and entering on the Daily candles.

I'm setting a 1:1 TP, 0.5% risk. As boring as it comes, but profitable boring trading is still profitable trading.

Good luck!
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