Carl_G
Short

AUD/JPY: 1:2 Risk to Reward Opportunity

FX:AUDJPY   Australian Dollar/Japanese Yen
142 0 13
AUD/JPY             is about to reach the supply zone @ 78.5 which is lining up with the MIDAS R1 Curve (launched from 2016-07-15).

Looking on the smaller time frame there is a TD 9 Price Flip on the 4 hour and a TD 13 Countdown on the 1 hour (TD-Combo)
- increasing the odds of a reversal.

Further odds enhancer is found in momentum, which is currently in the progress of making a bearish divergence.


MIDAS Trading Tools for MT4 is available to download @ MQL5.com
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