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11021992
Apr 3, 2016 4:17 PM

AUDJPY short entry when the market opens Short

Australian Dollar/Japanese YenFXCM

Description

Hi traders,

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.
Comments
Akhmatbek
Very good job. Thank you
11021992
Thank you. Hope you took this trade :)
11021992
Structure.
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