Small-risk
Aud/Jpy (Bearish) (Small Risk : High Reward)- Price could break black trendline
- Look for re-test of trendlines (black & blue)
- Observe price action at 70.30
- Immediate entry can be placed at 70.30 or wait on bearish candle stick formation for entry
- NB: Small risk high reward trade
bulls in controlbulls are in control and big money is in it for the buy.
not responsible for your losses; trade at your own risk.
EURJPY Bat ShortHey all,
Woke up this morning and noticed a smaller Bat pattern forming on the 4H chart. Although we haven't broke and closed above the B point yet, we have pushed higher - will be waiting for the candle close. Still have my orders placed on this as we could spike up and get filled.
Looking at a nice Risk Reward and a relatively small stop loss for the 4H chart. Will be looking to get filled today and a move to the downside. Conventional Fibonacci targets in place.
Fibsii Team.
