Here is why:
1) Harmonic Pattern
2) H4 divergence
3) Weekly high
4) m15 Divergence to execute the trade
Target is 91.5 which is a big drop. Waiting for trigger to enter.
1) Harmonic Pattern
2) H4 divergence
3) Weekly high
4) m15 Divergence to execute the trade
Target is 91.5 which is a big drop. Waiting for trigger to enter.
Trade closed: stop reached
This was a poor trade in terms of execution. Shorted well before the double top was formed. Had an option of selling GBPUSD with the trend which worked out really well but chose to go against the trend here.07/06/22 DEAL AUD/JPY Mini converted at 0.010496128968105 SD SD-52.48
Funds: SD11,099.99
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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.