TheForexSamurai

M15/H1 - Intraday Short/Sell Trade opportunity...

Short
OANDA:AUDJPY   Australian Dollar / Japanese Yen
An opportunity to short/sell on a potential bearish Cypher pattern formation. Aggressively sell via pending sell limit order on the completion or conservatively sell once price reach our Bear Cypher PRZ and wait for further confirmation. Stops and TP as seen in the chart. Trade with care and good luck in the markets!

Abbreviations / Keywords:

LTF - Lower Time Frame
HTF - Higher Time Frame
TF - Time Frame
TRS - Trend Reversal Strategy
CRT - Counter-Retail Technique / Break-out
APF - Advance Pattern Formation
W4C - Waiting for Confirmation
SL - Stop loss
TP - Target Profit
POR - Point of Ruin


Risk Disclaimer: This is not a trade signal hence we'll not be held responsible for any losses that will occur in your account during trading. You and you alone are responsible for deciding if you are comfortable accepting the potential risk involved in trading. So trade at your own risk and do not invest money you cannot afford to lose.

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.