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Space-Traderfx

AUDJPY - A bearish breakout

Short
Australian Dollar / Japanese Yen (FX:AUDJPY)  
Space-Traderfx Updated   
FX:AUDJPY   Australian Dollar / Japanese Yen
Trend Analysis Chart Patterns
1
3
trendanalysis chartpattern
Selling idea based on:

1. Breakout of the trendline and strong support zone
2. MACD bearish shift
3. Possible breakout of the 200EMA

Hence, we shall enter the trade when retracement happen at the previous support, and monitor the price action closely in respect to the 200EMA.
Trade closed: stop reached
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