Reason for Buying AUD/JPY :
1. AUD/JPY was moving between the range levels in H1 Chart.
2. Breakout happened at the top level of the range.
3. Market Re-tested previous breakout level and bounces back as per our breakout strategy.
4. After the confirmation of Upward movement, AUD/JPY Buy Signal was given to the members.
AUD/JPY reached our Profit Target Successfully.
Education Notes :
Why Re-testing the Breakout Level is more important ?
After market Breakout from the range, As per our breakout strategy, If market again Re-tested the previous Breakout level and starts to bounce back, then we can expect big and sharp movements from that Breakout level. This is what happened in this AUD/JPY Buy Signal.
Save your Money, Energy, Time on Analyzing the market. We are here to help you always.
Start to Learn, Trade Forex market in technical ways with the help of Forex Experts team.
Please do not trade forex market all the time, trade forex only at good opportunities available in the market.
Get more Good Opportunity Forex Trading Signals at “Premium” (or) “Supreme” Signal Plan. Join here now: forexgdp.com/forex-signals
If you are interested to learn our forex trading techniques, please click here to contact now.