AUD/JPY Quick Bearish Move!
Updated
This is a smaller move so I'll be risking a little less as far as percent goes for this one.
I am looking for a break of the previous candle wick to get short and continue the bearish run we've been on. I've drawn out some partial take profit level to aim for along the way to the overall target.
As long as the trend stays valid however, I will keep some of this trade running, beyond the final target of this setup.
If we fail to break and hold lower, or if our bearish trend confirmations change, this setup may become invalidated.
I am looking for a break of the previous candle wick to get short and continue the bearish run we've been on. I've drawn out some partial take profit level to aim for along the way to the overall target.
As long as the trend stays valid however, I will keep some of this trade running, beyond the final target of this setup.
If we fail to break and hold lower, or if our bearish trend confirmations change, this setup may become invalidated.
Note
TP1 and TP2 hit before going back up to our entry, good little profit for such a small and quick trade
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