AUDJPY short entry when the market opens

By 11021992
Updated
Hi traders,

On the AUDJPY I am entering a short position as soon as the market opens.
Reason for entry:
  • Trend continuation
  • Previous support & resistance
  • 38.2% fib retracement on the daily chart
  • Trendline


Entry: 85..7
Stop: 87.3
Target 1: 83.235
Target 2: 80.07

Best of luck!
Trade active
Comment
Target 1 hit. Move stop to entry.
AUDJPYfibstructureTrend Lines

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