AUDJPY | Short term Sell Opportunity
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Actually AUDJPY is in uptrend. But you may get a short term SELL opportunity here. Now price is trying to retest the resistance level. You may make use of this opportunity to get in. But I'd recommend you to take the sell position only if you see a rejection from the resistance level or if the price manages to breach the previous level of support. If the price manages to breach resistance level, then don't enter.
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
Actually AUDJPY is in uptrend. But you may get a short term SELL opportunity here. Now price is trying to retest the resistance level. You may make use of this opportunity to get in. But I'd recommend you to take the sell position only if you see a rejection from the resistance level or if the price manages to breach the previous level of support. If the price manages to breach resistance level, then don't enter.
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
Trade closed: target reached
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.
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.