Hi traders,
today i want to show you an opportunity that seems very yummy.
AUDJPY is now retesting an old and strong daily structure level, and this level also lines up with a trend line (in blue, you can see zooming out the chart) that held for two years now.
Having this reasons, i'm going to pay attention to this pair, trying to find a shorting opportunity in lower timeframes. The risk to reward seems nice.
As usual, i'll let you know if i manage to get involved.
If you have question, dont hesitate to ask!
Bye!
today i want to show you an opportunity that seems very yummy.
AUDJPY is now retesting an old and strong daily structure level, and this level also lines up with a trend line (in blue, you can see zooming out the chart) that held for two years now.
Having this reasons, i'm going to pay attention to this pair, trying to find a shorting opportunity in lower timeframes. The risk to reward seems nice.
As usual, i'll let you know if i manage to get involved.
If you have question, dont hesitate to ask!
Bye!
Trade active:
Entered after the 4hr engulfing candle at 80.59