FX:AUDJPY   Australian Dollar/Japanese Yen
98 5 11
COUNTER TREND TRADE
REQUIRES CONFIRMATION
TRADE WITH CAUTION
H4 SLIGHT DIVERGENCE
100 PIPS REJECTION D1 BAR


H4 RSI DIVERGENCE
snapshot
Oh yes. One drawback about this trade is that even though it is a 100 pips rejection bar formed at a key level.
It did close above 95.00 round number. It would be even more ideal if it closes below 95.00
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tommyjones91
2 years ago
I couldn't have said it better myself, great chart.
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Mr market strikes again. 150 pips in 1 hour EUR. Guess every trade i take these two weeks are bound to fail. trading the longer time frame is actually working against me at the moment because there is no trend. Good luck to all traders.
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tommyjones91 PriceActionTrading
2 years ago
Tell me about it! this last month has been scrappy! treading water!
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PriceActionTrading tommyjones91
2 years ago
Yes. all the best to you. at least this audjpy trade can be banked in already. 94.00 can prove to be a turning point.
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