AUDJPY Breaking down a market structure on hourly timeframe. Spotted supply area on the H4 Chart (Red Rectangle). its the supply area after Ema's False bullish breakout.
Entry Position : Short
Profit Target : 1:3 Shown on the chart image (Green Line)
Stop Loss : Slightly above demand area (Red Line)
Follow me if u guys making any gains from this idea.
Thanks
Coffee Trade Team
Entry Position : Short
Profit Target : 1:3 Shown on the chart image (Green Line)
Stop Loss : Slightly above demand area (Red Line)
Follow me if u guys making any gains from this idea.
Thanks
Coffee Trade Team
Trade closed: stop reached
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.