anilmangal
Short

AUDJPY 60 mins sell setup UPDATE.

FX:AUDJPY   Australian Dollar/Japanese Yen
3062 19 171
This consolidation can be a flat which will break now or a wedge which means one more leg up.

Trade wit care use a tested strategy .

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snapshot
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Good analyse Anil....
+2 Reply
nice
+1 Reply
Nice!
+1 Reply
GOOD
+1 Reply
Thank you
+1 Reply
It has broken through the trendline.
+1 Reply
so i sold it at 86.30, but looks like it keeps going up....
+1 Reply
Sell the retest?
+1 Reply
Assumign you would want to move your stop to BE, at what point on the downleg (if it comes) would you move to BE?
Reply
Fantastic, Anil!

Thanks!
+1 Reply
Thank you!
+1 Reply
Fake out!Seems to be heading North..then ....
Reply
pkoolc1 marcus123
The US news that came out changed the direction up north
+1 Reply
marcus123 pkoolc1
Generally some reason for sudden moves like that.
Reply
Nothing fake in the charts marcus123, those pattern always break to down side but not always go to the target , 90% do go to target. That is why you use a stop in case of the 10% when it doesn't go
+3 Reply
these types of trades are full of risk for the new trader unless yo have a bonifida trading strategy.
+1 Reply
All traders MUST have a tested strategy.
+4 Reply
marcus123 anilmangal
thanks for mentioning that again Anil
Reply
Great job anil
Reply
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