AUDJPY, head and shoulder has been formed under H4 chart. Price is currently retesting the current support and EMA55. My team and I will be looking to short after a break of both EMA55 and support.
Entry: 74.4
SL: 75.68
TP: 73.86
Risk Reward Ratio - 1:1.15 (Always aim for risk reward ratio more than 1:1)
Entry: 74.4
SL: 75.68
TP: 73.86
Risk Reward Ratio - 1:1.15 (Always aim for risk reward ratio more than 1:1)
Trade closed: target reached:
TP HIT!! We will continue to look for a sell entry until bearish rule has been broken which is above 74.60
