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DiamondHandsOnly
Nov 29, 2018 11:54 PM

SHORT - AUDJPY - Reversal  Short

AUD/JPYOANDA

Description

Confluence checklist:
-Broke resistance @82.0000 & 200 EMA (looking at a potential reversal to retest. Possible quick 1:1 as price action could retest resistance turned support.
-Doji reversal set up (@83 level)
-MACD divergence
-ATR decelerating
-Chop Index < 60

Please share your thoughts and opinions.

Cheers,
Sang

Order cancelled

Broke resistance. Went the other way. Cancelled stop order. No trade.

Comment

The signals were valid but if order was triggered result will be a loss since price obviously hit SL.
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