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NDOBObanks
Jan 31, 2024 5:49 AM

AUDJPY Ascending Triangle Pattern Breakout Short

Australian Dollar/Japanese YenSaxo

Description

We expect further downside on this pair, signalled by the ascending channel pattern breakout. We can also see the breakout of a counter trendline which further supports our directional basis.

Trade closed: stop reached

Comment

Pair still hit target despite getting stopped out early. Onto the next setup.
Comments
MohKhan
Hi @NDOBObanks

Is this still a bearish trade ? I have started a trade on this morning
NDOBObanks
Yes it was, I got stopped out despite target being reached.
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