AUDJPY SHORT IDEA
Well pretty simple, I believe.
I am hoping I have not missed my entry. However, I am bearish on AUSSIE, with my notion that GBPAUD and EURAUD will be long, I am bearish on AUDJPY and AUDNZD. Also bearish on GBPJPY. This is what I have come to know as Fractional Disparity at its finest.
That being said if I'm wrong or my timing is off on one, it is more than likely I am wrong on all, laughs in I hope not.
Need to remember if price is truly bearish it will more than likely not break the previous high.
Following my arrows a nice little H/S is forming. Price will drop significantly to fill the wicks. I expect consolidation and a retest of the bullish trendline before continued movement down.
I have sell limits in place, but I will be watching like a hawk.
I started a blog about my trading journey, my site is no where near done, but I do have a post up. If you want check it out.
fundyourtradingfuture.weebly.com/
I am hoping I have not missed my entry. However, I am bearish on AUSSIE, with my notion that GBPAUD and EURAUD will be long, I am bearish on AUDJPY and AUDNZD. Also bearish on GBPJPY. This is what I have come to know as Fractional Disparity at its finest.
That being said if I'm wrong or my timing is off on one, it is more than likely I am wrong on all, laughs in I hope not.
Need to remember if price is truly bearish it will more than likely not break the previous high.
Following my arrows a nice little H/S is forming. Price will drop significantly to fill the wicks. I expect consolidation and a retest of the bullish trendline before continued movement down.
I have sell limits in place, but I will be watching like a hawk.
I started a blog about my trading journey, my site is no where near done, but I do have a post up. If you want check it out.
fundyourtradingfuture.weebly.com/
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