Hi traders,
On the AUDJPY I am entering a short position as soon as the market opens.
Reason for entry:
Entry: 85..7
Stop: 87.3
Target 1: 83.235
Target 2: 80.07
Best of luck!
On the AUDJPY I am entering a short position as soon as the market opens.
Reason for entry:
- Trend continuation
- Previous support & resistance
- 38.2% fib retracement on the daily chart
- Trendline
Entry: 85..7
Stop: 87.3
Target 1: 83.235
Target 2: 80.07
Best of luck!
Trade active
Comment:
Target 1 hit. Move stop to entry.