AUDJPY Short
Updated
Sold this pair earlier with TP at S3 pivot line and SL a few pips above S1 (which is also near it's daily high) to ride the recent risk-off related to increasing geopolitical risks and also weaker than expected Chinese inflation report.
dailyfx.com/forex/fundamental/article/drivers_of_price_action/2017/08/09/Closing-Bell-August-09-TY.html?DFXfeeds=forex:fundamental:article:drivers_of_price_action
dailyfx.com/forex/video/daily_news_report/2017/08/09/DailyFX-European-Market-Wrap-Risk-Switches-to-Off-Mode-as-North-Korean-Tensions-Heat-Up.html?DFXfeeds=forex:video:daily_news_report
dailyfx.com/forex/technical/home/analysis/aud-usd/2017/08/10/AUDUSD-Technical-Analysis-Sellers-Take-Aim-Below-0.78.html?DFXfeeds=forex:technical:home:analysis:aud-usd
Daily:
Weekly:
Confidence: A (there's still risk that this pair will rebound soon especially Thursday's near the end of the week already, but I think this position will hold in the long-run considering the chart patterns in the daily and weekly charts)
dailyfx.com/forex/fundamental/article/drivers_of_price_action/2017/08/09/Closing-Bell-August-09-TY.html?DFXfeeds=forex:fundamental:article:drivers_of_price_action
dailyfx.com/forex/video/daily_news_report/2017/08/09/DailyFX-European-Market-Wrap-Risk-Switches-to-Off-Mode-as-North-Korean-Tensions-Heat-Up.html?DFXfeeds=forex:video:daily_news_report
dailyfx.com/forex/technical/home/analysis/aud-usd/2017/08/10/AUDUSD-Technical-Analysis-Sellers-Take-Aim-Below-0.78.html?DFXfeeds=forex:technical:home:analysis:aud-usd
Daily:
Weekly:
Confidence: A (there's still risk that this pair will rebound soon especially Thursday's near the end of the week already, but I think this position will hold in the long-run considering the chart patterns in the daily and weekly charts)
Trade closed: target reached
<3 Profit
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