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puli07sanny
Aug 29, 2018 6:09 PM

AUDJPY SELL opportunity  Short

Australian Dollar/Japanese YenFXCM

Description

price is clearly bearish making lower lows and higher lows.
Comments
madKrt
tp at 81.125
madKrt
i set a sl at 81.125
aabbas1800
You think it wont break the trendline? aud is growing in strenght
puli07sanny
@aabbas1800, well i see a clear bearish pole and now a flag formation to retest the previous support as resistance, thats one of my confirmation for a sell and my 2nd confirmation is if you look at the monthly chart you will see a huge bearish engulfing candlestick and a consolidation process below which suggests a possible huge drop.
puli07sanny
@aabbas1800, if it does break the above resistance trendline, i will wait for retest just to make sure it is not a fake breakout.
aabbas1800
hi
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