bruzzese1

AUDJPY Downtrend Continuation

Short
bruzzese1 Updated   
FX:AUDJPY   Australian Dollar / Japanese Yen
4
AUDJPY tested the upper trendline which has been intact since late 2014 and subsequently made an impulsive downward move. I went short on the pullback @ 85.830. MACD shows bearish divergence on 4hr and is close to negative territory. Stop loss just above last swing high.

Entry: 85.830
S/L: 86.780
TP1: 84.400
TP2: 82.100

Thanks for looking, good luck!
Trade active:
Short @ 85.830
Trade closed: target reached:
TP1 reached, 130 pips booked
Trade closed: target reached:
TP2 reached, 250 pips booked
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