AUDJPY Downtrend Continuation
Updated
AUDJPY tested the upper trendline which has been intact since late 2014 and subsequently made an impulsive downward move. I went short on the pullback @ 85.830. MACD shows bearish divergence on 4hr and is close to negative territory. Stop loss just above last swing high.
Entry: 85.830
S/L: 86.780
TP1: 84.400
TP2: 82.100
Thanks for looking, good luck!
Entry: 85.830
S/L: 86.780
TP1: 84.400
TP2: 82.100
Thanks for looking, good luck!
Trade active
Short @ 85.830Trade closed: target reached
TP1 reached, 130 pips bookedTrade closed: target reached
TP2 reached, 250 pips bookedDisclaimer
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