AUDJPY Sell Set-up| TP,SL and 435 Pips Target Short

Australian Dollar/Japanese YenFXCM

Description

⋅ Jul 1, 2020 5:35 AM

AUDJPY is in a trend reversal plus consolidation phase for almost a month now. However, I expect the price to make a quick bearish move very soon. Currently, the price action shows bears are gaining strength to accelerate the downtrend.
Possible Sell Signal:

Entry: 74.15-74.60
SL:75.10
TP :70.00

Comments

yuga10

⋅ Jul 2, 2020 8:25 AM

Nice analysis

djukel

⋅ Jul 1, 2020 8:57 PM

If it is true US indicies will drop nicely.

peakbroker

⋅ Jul 1, 2020 4:26 PM

Looking good for a long term. Yen is always a good investment.

Wolf_of_Trading

⋅ Jul 1, 2020 1:20 PM

what do you think about my gold idea ?

EddyRean

⋅ Jul 1, 2020 12:34 PM

hmm copy

issolom

⋅ Jul 1, 2020 12:14 PM

Thanks for the share

Infamez

⋅ Jul 1, 2020 10:32 AM

Might drop in the short term but in the long term the pair looks like it has bottomed out back in March

maymand

⋅ Jul 1, 2020 7:52 AM

Waiting for it

joaochpjr

⋅ Jul 1, 2020 7:27 AM

One more awesome analysis

x3Jacob

⋅ Jul 1, 2020 6:57 AM

Waiting for a better entry