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AUD/JPY Dropping +50 pips

Short
Australian Dollar / Japanese Yen (FX:AUDJPY)  
QW-Trading Updated   
FX:AUDJPY   Australian Dollar / Japanese Yen
Support and Resistance Trend Lines Double Top or Bottom Double Top aj aussie jpy short support major
6
2
supportandresistance trendline doubletoporbottom doubletop aj aussie jpy short support major
Reasons and FACTS:
  • 1HR Parabolic SAR indicates a bearish reversal
    Fake out on trend line indicated strong sell power
    ATR is showing a possible rise in Volume and Volatility because we are at very low Volatility right now and at this level Volatility has shown to rise every time.
    AU and UJ showing many bear signs and I'm short on both so it would be logical for AJ to drop as well because Aussie is looking weak and JPY is looking strong.

Enter at own risk
Comment:
TP1 has been hit !
Trade active:
Closed between TP1 and TP2 +35pips.

Reason why:
Price dropped very fast , I'm expecting a small correction before TP2 will be hit and I'm not going to take that risk. I am happy with today's profits
Trade closed: target reached
Comment:
Comment:
New entry anticipation 78.905
To form the right shoulder of the Head and shoulders pattern and drop +/- 40 pips
Comment:
Comment:
snapshot

WOW!!!!
Trade closed: target reached
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