AUDJPY: Sell Opportunity
Updated
The market gives us a sell opportunity based on a bearish divergence. RSI confirms the price reversal. MACD supports a further downward movement.
Entry Price: below 68.450
Stop Level: above 69.400
Profit Level: at 67.230
Risk per trade must be no more than 1% of your capital.
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.
Entry Price: below 68.450
Stop Level: above 69.400
Profit Level: at 67.230
Risk per trade must be no more than 1% of your capital.
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.
Note
It is possible to fix the part of profit and move the stop orders to breakeven.
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.