AUDJPY outlook Short

AUD/JPYOANDA

Description

⋅ May 3, 2022 12:34 PM

Since it's huge move to the upside , price has slowed down and now trying to indicate a shift within momentum.

If we break the daily low I will be looking to enter shorts on the lower timeframes.

Trade safe.

Sunny Kumar

Trade active

⋅ May 12, 2022 6:47 AM

Down she goes - mitigate whilst lower lows are being created.

Trade closed: target reached

⋅ May 15, 2022 5:39 PM

I closed at 1:1 considering the volatility of risk-on markets.

Comments

JohnTrade77

⋅ May 3, 2022 1:17 PM

So the whole zone at 94.464 is sell entry? Cheers :) I'm still in a buy waiting for it to hit that resistance.

sunnyk92

⋅ May 3, 2022 1:43 PM

@JohnTrade77, Hi mate, yes essentially, I will however look for a more developed entry once we break the daily low and look to enter on the lower timeframes. Hope that helps

JohnTrade77

⋅ May 3, 2022 2:51 PM

@sunnyk92, Yes thankyou that does help :) Much appreciated! I didn't take a good entry on this one, and I'm waiting for it to reach resistance so I can exit in profit, and then look for a sell 👍