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AUDJPY SHORT 4-H QUARTER THEORY + PRICE ACTION

Short
FX:AUDJPY   Australian Dollar / Japanese Yen
I think the AUDJPY is going short because:

1) Price is below the 50 M.A
2) Price cross the big number Major Whole Number 80.000
3) Price cross 25 pips for the Major Whole Number
4) Price expect to retrace to 25 pips reference
5) Price expect to going down from 80.00o to Major Quarter Point 77.495

Position data:

1) Entry: 79.661
2) stop loss: 80.484
3) take profit; 77.974

Risk reward; 1:2

Regards

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