AUDJPY Short
Updated
Hello guys
This pair has been forming a falling flag, a major indication of bullish momentum, but it is in the earlier stages of formation. I anticipate that the market will continue with the formation, according to the higher timeframes.
My entry point is at 90.7 with stop loss at 91.7, and I am targeting a 1:5 R:R ration for this trade.
Remember, risk only 1% of your account.
This pair has been forming a falling flag, a major indication of bullish momentum, but it is in the earlier stages of formation. I anticipate that the market will continue with the formation, according to the higher timeframes.
My entry point is at 90.7 with stop loss at 91.7, and I am targeting a 1:5 R:R ration for this trade.
Remember, risk only 1% of your account.
Trade active
It is live!Trade closed: stop reached
Stop reached.Which now gives an indicator of a bullish momentum!
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