ricky1270
Short

AUDJPY Short Intraday Trade Idea

FX:AUDJPY   Australian Dollar / Japanese Yen
AUDJPY
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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
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.
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