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ForexDaGoat
Aug 19, 2018 7:47 PM

AUDJPY SHORT OPPORTUNITY! Short

Australian Dollar/Japanese YenFXCM

Description

Monthly time frame shows large amount of selling
pressure with heavy amount of pin bars indicating
sell sensitivity. Price has broken consolidation after exhaustion.
We are expecting price to re-test its previous consolidation
show and fail and continue a downward Push to its
Monthly resistance zone.

4:1 Profit Target
SL: 82.247
Entry: 81.11
TP1: 78.32
TP2: 75.56
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