AUD/JPY - Ichimoku Breakout Sell Trade
We got a big bearish move last week followed by a drawback and textbook tenken sen bounce trade. I am looking to hop on that trend with a move further to the downside. I've placed my entry below the candle of previous support and I've set my TP at an area of past support if you look left of current price. It may push on from there so I will only close partial position if we hit this TP, and let the rest roll, adjusting my stop loss periodically. If we fail to break lower or hold our bearish confirmations, this setup may become invalidated.
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