Gee the Day chart AUDJPY looks interesting, I just can’t miss taking a long here. As usual, because I am trading against the weekly and active trend, position size is only small. I will build with additional trades every 40 pips if the price moves up, another big drop and I will Sell at twice the size in 40 pips.
I normally won’t trade reversals but I like the look of the M5 trend at present which may or may not be the start of a Day swing Low.
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