AJ is in an uptrend:
Chart below:
Price has recently pulled back to the 78.6% Fibonacci level
Chart below:
Price has today made a higher high and broken out of its range.
I am looking for a long position on a pull back as detailed below.
Levels and Chart below:
1st Entry: 101.80
2nd Entry: 101.70
Averaged Entry: 101.75
Stop Loss: 101.30
Target: 104.00
Price has pull back to allow a decent risk reward. If price does not pull back I will let the trade go.
I will update again should the trade be triggered.
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