Risky AUDJPY Short
Yes I realize all the JPY pairs blew up today, however there could be a scalping opportunity here. Price came up to 2 intersecting trend lines, as well as the horizontal resistance, while RSI is extremely overbought. It's a good R:R ratio trade because of the position. Keep stop loss relatively tight on this one. Good luck
Trade closed: stop reached
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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.