AUDJPY PLAYING THE WEDGE
ENTER THIS TRADE FOR GREAT RISK REWARD. PRICE REJECTED FROM 93.26 LAST WEEK FORMING A MINI D1 PIN BAR.
IT IS MINI BUT ON THE LARGER SCALE IT WAS ALSO REJECTED FROM THE WEDGE PATTERN.
TRADE THE WEDGE FROM THE TOP TO THE BOTTOM, OR AT LEAST TO THE 20SMA BEFORE UPTREND MAY CONTINUE.
H4 RSI DIVERGENCE
GOOD RISK REWARD
RISK 30PIPS TO MAKE 90 PIPS
QUICK IN QUICK OUT TRADE. SHOULD BE DONE WITHIN 24 HOURS.
IT IS MINI BUT ON THE LARGER SCALE IT WAS ALSO REJECTED FROM THE WEDGE PATTERN.
TRADE THE WEDGE FROM THE TOP TO THE BOTTOM, OR AT LEAST TO THE 20SMA BEFORE UPTREND MAY CONTINUE.
H4 RSI DIVERGENCE
GOOD RISK REWARD
RISK 30PIPS TO MAKE 90 PIPS
QUICK IN QUICK OUT TRADE. SHOULD BE DONE WITHIN 24 HOURS.
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