BoonHooi
Short

AUDJPY potential short at 80.80

FX:AUDJPY   Australian Dollar/Japanese Yen
a month ago
AUDJPY             in a strong down trend daily channel
I see a strong horizontal resistance at 80.60 and
a bearish Bat pattern completion at 80.80

I would like to see how price reacts at the 80.60/80 levels before going short.
However, I will be a little more cautious on this trade as the there were good CPI             numbers coming out of Australia this morning.
a month ago
Comment: H4 RSI at 50 now. Hope that there will be another leg up towards my sell zone 80.60/80. Could be a trade for next week. (still not in the trade)
a month ago
Comment: This bat pattern is still valid. RBA rate call in 1 and a half hours time. I am expecting no rate cuts and a rally in the AUD. Let's see how price reacts to the 80.80 levels (if it gets there)
a month ago
Comment: Potential Crab Pattern completing at 80.96, current H4 RSI not at OB yet. This could reach my expected 80.80/96 to complete the bearish patterns for a short. Remain patient
a month ago
Order cancelled: Dropped 180 pips !!! Another painful miss. I was focused on the completion of the Bat pattern at 80.80. Price indeed went up after the RBA rate call to the resistance of 80.60.
GoldHunter
a month ago
thanks for the continuous update
Reply
BoonHooi GoldHunter
a month ago
Will update as I move ahead. Did you managed to catch this trade ?
+1 Reply
GoldHunter BoonHooi
a month ago
no, I missed it too :)
Reply
GoldHunter
a month ago
price coming back to you :)
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out