AUDJPY setting up for what could be a really easy trade.
Very simple trade idea:
- Watch for price to come to our buy zone (between the 2 fibs)
- Enter with stops below the price rejection
- Target recent highs as first targets and -0.27 as second
Make sure to take partials at recent highs and BE the rest. We may not get to -0.27 fibonacci.
Goodluck and as always, trade safe!