AUDJPY has a nice sell setup, as the 1 hr chart formed a bearish flag and broke down. Now it has pullback, and formed a lower high, good to go short down to 87.00, the next key support/resistance area for this pair.
As the daily chart is over extended, I do expect this pullback to happen into the next week.
Thank you for your support.
As the daily chart is over extended, I do expect this pullback to happen into the next week.
Thank you for your support.
Note
AUDJPY has a nice sell setup, as the 1 hr chart formed a bearish flag and broke down. Now it has pullback, and formed a lower high, good to go short down to 87.00, the next key support/resistance area for this pair. As the daily chart is over extended, I do expect this pullback to happen into the next week.
Thank you for your support.
Note
Here is the daily chart:Trade closed: target reached
First TP hit, 2.5% profit.
Related publications
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.
Related publications
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.