Trade Setup: AUD/JPY – 19 Sep 2016

Trade Setup: AUD/JPY – 19 Sep 2016

Candle Stick Pattern: Morning Star at (2) & Bullish Engulfing at (1)
Confirmation:

Stochastic oversold range.
Retesting previous resistance at (4)

Signal: BUY
Entry Point: 76.82
SL: 75.94 (88 pips) (Nearest support level at (1) & (4))
TP: 78.71 (189 pips) (Nearest resistance level at (…
#AUDJPY, #BullishEngulfing, #CandleStickPattern, #MorningStar, #Stochastic, #SupportResistance
#TradeSetups

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