AUDJPY
-------------------------------------------------------------------------------------------------------------------
Currently in a 10 week range since Jan 14, 2019.
Hopefully we can see some movements this week fitting for a King!
I see a fall after testing daily supply and weekly trendline resistance.
We find ourselves in similar waters as weeks ago when price was this high, it then gave a massive drop. We suspect big banks are adding more sell orders in order to make this drop a reality.
Currently experiencing weakness in global economies and we shall see what happens to AUD after its Interest Rate Decision.
Sell @ Market execution. Classic ~4R.
Til we see each other again beloved!
-------------------------------------------------------------------------------------------------------------------
Currently in a 10 week range since Jan 14, 2019.
Hopefully we can see some movements this week fitting for a King!
I see a fall after testing daily supply and weekly trendline resistance.
We find ourselves in similar waters as weeks ago when price was this high, it then gave a massive drop. We suspect big banks are adding more sell orders in order to make this drop a reality.
Currently experiencing weakness in global economies and we shall see what happens to AUD after its Interest Rate Decision.
Sell @ Market execution. Classic ~4R.
Til we see each other again beloved!
Trade active:
We are so lucky that we are trading Supply and Demand
Because the stophunt missed our stop losses by 3 pips or so.
Now we are up 50 pips and counting.
Put SL 20 pips in profit and Hold for TP
Because the stophunt missed our stop losses by 3 pips or so.
Now we are up 50 pips and counting.
Put SL 20 pips in profit and Hold for TP
Trade closed: stop reached:
Stop loss was 20 pips in profit so we were closed out 20 pips.
Always good to use stop loss when in profit because anything can happen.
Always good to use stop loss when in profit because anything can happen.