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FxFortuna
Dec 3, 2019 7:33 PM

possible short entry on AUDJPY Short

AUD/JPYOANDA

Description

audjpy hit hit daily trendline recently and in case of an breakout on imidiate uptrend we can go short and vise versa we can go long if the imidiate trend continues you can be updated with our signals on our telegram channel and get the exact signal firsthand

t.me/fxfortuna/379
Comments
FXCM
thanks for this, what is your view on it now as it broke the trend line? Here's my view on AUDJPY:
FxFortuna
@FXCM, hello my friend well its a short opportunity no doubts there but im waiting for better confirmation on price movement and candlestick confirmation on your trailing area i don't have a good candlestick push downward therefore im waiting for a second push the new wave can form a double bottom beneath 74.40 resistance zone so if i get the second push below that point with a good candle confirmation that would be my entry but if the neck line of double bottom got broken that a different story and about take profit in my opinion 0.38 fib level is more reliable than 0.23 you can wait for price pattern to keep it open as well and i know it is totaly personal good analysis my friend love your work
transparent-fx
I will be looking at it from this perspective
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