PriceActionTrading
Short

AUDJPY good selling opportunity

FX:AUDJPY   Australian Dollar / Japanese Yen
207 4 10
REASON 1 : 200EMA D1 AND W1
REASON 2 : DOUBLE PIN D1 @ 90.00 KEY RESISTANCE WITH FAILURE TO CLOSE ABOVE IT.
REASON 3 : HIGH RSI D1.
REASON 4 : DEPENDING ON HOW YOU PERCEIVE IT, YESTERDAY'S WAS A BEARISH ENGULFING DOUBLE PIN FORMATION.

W1 WITH 200EMA, DOWN TRENDLINE , 90.00 RESISTANCE
snapshot

H4 ANALYSIS ON HOW I WOULD ENTER THIS TRADE
snapshot
Comment: placed sell order 90.20 SL 91.00 TP1 89.00 TP2 as far as 82.00
Trade closed: target reached: closed partially at TP1.
Trade closed: target reached: Closed most at 88.00 last night. Looking to short @ 89.6 (61.8% retracement) once more.
Nice call!
Reply
Great work mate :)
Reply
Looks good mate. All the BEST :)
Reply
If price breaks above the double pin, new direction is formed and we will look to engage long.
Reply
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out