POSSIBLE LONG SETUP. PRICE FINALLY BROKE THROUGH THE RANGE TO THE UPSIDE AFTER TRADING SIDEWAYS SINCE THE START OF AUGUST. MY PLAN IS TO WAIT FOR PRICE TO PULL BACK TO ROLE REVERSAL SUPPORT WHERE I WILL CONSIDER A BUY.

AUDJPY H4

MARKET IS FLAT, 21 & 55 MOVING AVERAGES ARE FLAT. PRICE IS BULLISH, 5 EMA IS ABOVE THE 8 EMA. PRICE BROKE THROUGH WR2 & IS CURRENTLY AT MPP RESISTANCE. SUPPORT IDENTIFIED BY THE GREEN BARS, & IMMEDIATE SUPPORT IS AT 86.940 WHICH WAS PREVIOUS RESISTANCE. STOCHASTICS IS OVERBOUGHT. A BULL WILL WAIT FOR THE PULL TO GO LONG.

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