AUD/JPY: Sell structure in the trend
AUD showing us a nice short position in my technical analysis in H1 timeframe, but more enfocous in H4 timeframe.
In H4 timeframe we formed this sell structure scenario and we touch 2 times the resistance yellow and this could to show us another opportunity to open up short position in this Forex par. In the right hand, I post a mini-tutorial like a class to show you how this movement work in Forex. This it's similar what happen now in this par.
I hope that this Forex analysis will support you!!!
My entry short position was around $82.96 JPY and I put my SL at $83.43 JPY (38 pips) and target at $81.80 JPY (116 pips)
In H4 timeframe we formed this sell structure scenario and we touch 2 times the resistance yellow and this could to show us another opportunity to open up short position in this Forex par. In the right hand, I post a mini-tutorial like a class to show you how this movement work in Forex. This it's similar what happen now in this par.
I hope that this Forex analysis will support you!!!
My entry short position was around $82.96 JPY and I put my SL at $83.43 JPY (38 pips) and target at $81.80 JPY (116 pips)
Trade closed manually:
AUD/JPY doesn't drop and we could to forming this possible shoulder head shoulder.
This trade will be closed up manually or cancelled!!!
AUD/JPY doesn't drop and we could to forming this possible shoulder head shoulder.
This trade will be closed up manually or cancelled!!!