OANDA:AUDJPY   Australian Dollar / Japanese Yen
I will be looking to short AUDJPY, if price moves into 84.4 area. I'll wait for daily price action to suggest a possible down turn before entering a trade. Once I get a signal on the daily time frame, I'll move down to the 1H and place pending sell limit orders at previous levels.
Comment:
Bear candle posted on the daily time frame.

Comment:
Rough look at entries and stops on the 1H time frame.

Related Ideas

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.