I predict the EUR to lose strength over JPY over the next few days. This trade idea has a pretty good risk management stop and TP implemented. Feel free to move down the TP as volatility changes.
AUDJPY seems to be fighting off the bull moves and leaning towards the bear side. It is resting on the 50 MA with the 200 ma a few pips below. The Range is stuck between several long term and mid range fib lines and obeying the bear trend lines. Bearing divergence between RSI and chart is visible showing the pair is losing it's bullish steam.
Renko medium term short trade chart. Trend line break short. Bearish Divergence on Stock RSI as well.
Renko medium term short trade- trend line break short. Bearish Divergence on Stock RSI as well.