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fxswint
May 18, 2022 1:15 PM

AUDJPY SHORT Short

Australian Dollar/Japanese YenFXCM

Description

Price pulled back on the daily chart to start forming a lower high. After noticing this I went to the one-hour chart to find a possible confluence for an entry. I noticed priced created a descending triangle on the one-hour chart. I took my first position to this trade. I will take my second entry once the moving averages cross. Also, I will take another entry once price breaks through cloud.
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