AUDJPY - Bearish trend
AUDJPY is making series of LH and LL on 1H timeframe. Bearish trend is likely to continue. Once the last low is broken, we should aim to enter the trade with SL at the last high and TP 1 at 1:1 R/R ratio and TP2 at 2:1 R/R ratio.
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.