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Henry_Cleaver_Trading
Mar 24, 2018 4:16 AM

AUDJPY long term Short

Australian Dollar/Japanese YenFXCM

Description

Hi Guys,

I was doing some extra analysis on my active trades over the weekend, my system is a version of the turtle strat so i have no real take profit, because of this im looking for longer term support/resistance and areas where price may stall or reverse.

I have noted that on the monthly chart we have just broken down from a trendline dating back to January 2009, if we close this week (and by extension this month) below this trendline then i can see a fall to horizontal support at 76.70

Comment

we respected the trendline, i will be looking for some long from here probably

Comment

Trendline still holding
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