Ichimoku Forex Trade of the Week Nov 14, 2014 : 5 time frame Buy AUDJPY Currency

Nov 10, 2014 06:48:11 PM EST, We received an Ichimoku 5 time frame Buy Email alert on the AUDJPY Currency for the forex market.  Here is the email alert:

AUDJPY 2hr 5xBuy Email Alert

 

Took the 2hr break out. We need a 1:1 reward risk. My entry is 99.43, Initial Stop is 98.74 and Preserve Mode is 100.78 Resistance level on the weekly chart. Lets take a look at the chart.

AUDJPY 2hr 5xBUY Email Alert Chart

As you can see we have reached out preserve mode.

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About the Author Michael Colquitt