Hi Everyone, I hope you are doing well!
To me, AUDJPY has reached a selling zone and is ready to drop. I will enter the trade as long as the price breaks and closes below the recent trend line, which has been pushing the price up.
It will give us a 1:2.5 RR, which should be a good trade if it plays out to the plan.
Let me know your thoughts!
I have used USDJPY as a confluence.
Thanks
Gaspar_Trader
To me, AUDJPY has reached a selling zone and is ready to drop. I will enter the trade as long as the price breaks and closes below the recent trend line, which has been pushing the price up.
It will give us a 1:2.5 RR, which should be a good trade if it plays out to the plan.
Let me know your thoughts!
I have used USDJPY as a confluence.
Thanks
Gaspar_Trader
Trade active
Trading active and I am protecting my money by bringing Stop Loss to breakeven.Trade closed: stop reached
Secured partials and rest of the trade closed at breakeven.
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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.