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dysy8
May 31, 2020 3:42 PM

AUDJPY SHORT DAY TRADE 1.6.20 Short

Australian Dollar/Japanese YenFXCM

Description

Formed a double top and expecting it to be rejected
The newer formed strong uptrendline is where we are looking to see it bounce back to...
Potentially may break this trend line and drop back down to the wider timeframe trend line forming from mid March,if so, could result in a very profitable swing trade. Who knows what the market will do!

Comment

Began to move nicely.. Got stopped out at entry
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