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Simple_Renko

AUDJPY Short

Short
Australian Dollar / Japanese Yen (OANDA:AUDJPY)  
Simple_Renko Updated   
OANDA:AUDJPY   Australian Dollar / Japanese Yen
Support and Resistance Supply and Demand Trend Lines
1
0
supportandresistance supplyanddemand trendline
See callout bubbles. We'll need a little bit more strength out of the AUD, but if the markets wants to come all the way up here, I'm expecting some sellers in this area. Target #2 will be flexible. Target #1 is solid at about 2:1 risk/reward to pay for trade.

Always measure your risk and be okay with being wrong ; )
Comment:
This one is still on. Just need some more strength out of the AUD in order for us to get our entry.

Always measure your risk and be okay with being wrong ; )
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