AUDJPY Technical Analysis

I saw this sweet AUDJPY analysis on the 45 minute.

Name of strategy: SLP ( STRUCTURE, LIQUIDITY, POI )

Quick steps:

A 45 minutes ORDER BLOCK reaction caused a 5 minutes MSS

We had our Inducement liquidity present for our POI protection

And we had our 5 minutes ORDER BLOCK fresh and clean without any mitigation.

My exit came from me seeing the trendline liquidity well presented.

My R:R is 1:8

This means for every $1 risked on this trade, you tend to make $8.

But if the trade doesn't go in our direction, you will lose the $1.

So risk management applied.

Will keep you updated on the trade.