This is my idea related to AUDJPY M30. At the moment, the AJ reacted from the FIB level, and most probably, it will retrace till the price of 96.900. I will look for a short entry in case of confirmation.
Traders, if my proposal resonates with you or if you hold a divergent viewpoint regarding this trade, feel free to share your thoughts in the comments. I welcome the opportunity to hear your perspectives. ____________________________________
Keep up the good work same analysis overbought rsi. OB resistance and noticible that it will reject 200 ema on mine. I'm a fan of your analysis please keep sharing.
GoodTradeST
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@HIDDENSAVINGSREVEAL, Thank you! Unfortunately, we need to accept also SL, but WE ARE TRADERS, we never give up.
HIDDENSAVINGSREVEAL
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@GoodTradeST yes sir no one can be perfect lets use risk management and tp will prevail.
TheFxAce
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The evidence you present for a bearish market trend is convincing and well-structured.
GoodTradeST
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@TheFxAce, Thanks a lot. Unfortunately, it was weak in the first part of the day, I was expecting a bullish move.