JeremyJSanchez

AUD/JPY 1,740+ BEARISH SELL!

Short
FX_IDC:AUDJPY   Australian Dollar / Japanese Yen
The AUD/JPY Monthly time frame is in a large sideways movement. The market created a down ABCD swing from resistance towards support with a D extension price point 69.10 about +1,740 Pips bearish. The market is at a high price hitting a future resistance and showing great bearish signs. I'm sowing you on the Daily time frame where I plan to enter, because it gives you a much clearer picture. Stop will go 10 pips above MOST RECENT high. Happy Trading :)

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