AUDJPY Possible Long PositionAustralian Dollar / Japanese YenFOREXCOM:AUDJPYGreggiBond🔍 Market Overview & Thesis On the H1 higher timeframe, AUDJPY remains in a well-defined bullish trend. The market is holding steady near key support and key multi-period highs, showing strong buyer interest on pullbacks. Price is currently retesting a key demand zone around 114.160. As long as this structural support holds, our bias remains tilted toward a bullish continuation. ⚙️ Execution Strategy To minimize risk and optimize precision, we are not executing a market order immediately. Wait for Level Arrival: Allow price to interact directly with the 114.160 zone. Lower Timeframe Confirmation (1M or 5M): Before entering, we will look for price action confirmation on the lower timeframes (e.g., a bullish change of character, engulfing candle, or double-bottom pattern). Execution: Trigger the long entry only once confirmation triggers at or near the 114.160 zone. 🎯 Exact Trade Parameters Asset / Pair: AUDJPY Direction: LONG Planned Entry Zone: 114.160 (pending LTF confirmation) Stop Loss (SL): 10 pips (114.060) Take Profit (TP): 30 pips (114.460) Risk-to-Reward Ratio (RRR): 1:3 ⚠️ Risk Disclaimer Disclaimer: This analysis is for educational and informational purposes only and does not constitute financial or investment advice. Trading Forex involves substantial risk of loss. Always enforce sound risk management, utilize stop losses, and never risk more capital than you can afford to lose.