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UnknownUnicorn1186039

AUD/JPY Bearish Setup

Short
Australian Dollar / Japanese Yen (OANDA:AUDJPY)  
UnknownUnicorn1186039 Updated   
OANDA:AUDJPY   Australian Dollar / Japanese Yen
Trend Analysis Chart Patterns Technical Indicators retracement AUDJPY 618 Fibonacci Retracement shortsetup piphunters
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trendanalysis chartpattern indicator retracement audjpy 618fibonacciretracement shortsetup piphunters
Sellers are coming in selling at the .618 retracement (87.928) Looking to short for about 47 pips. R:R is decent.

  • Stop Loss: 88.322

  • Take Profits: 87.442

  • Risk/Reward: 1.18

Please implement your own due diligence prior to entering the market!
May the Pips be with you!
Comment:
May just take profits early here. 08-04-17 (14:00) candle seems to have provided some support. Give me your thoughts about this mentality!
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