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benjimock
Mar 20, 2019 11:57 AM

AUDJPY SHORT Short

Australian Dollar/Japanese YenFXCM

Description

Intraday short on AJ, nice fib rejection with bearish engulfing on 30m for entry, stops an ATR above the zone with targets at the -27 fib extension. Will close half of my position at a retest of the 30m lows and then breakeven the trade depending on how price action is moving. Nice h and s pattern on the hourly with a break of the 1H TL validating my extended targets for shorts as this may be a nice entry to catch the swing down.
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