AUDJPY - FOREX - 19. FEB. 2020

Welcome to our weekly trade setup ( AUDJPY )!

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1 HOUR
Very bullish price action towards previous resistance

4 HOUR
Waving formation at its top, we need a drop now.

DAILY
Short holders taken out before droping further down.

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FOREX SETUP
SELL AUDJPY
ENTRY LEVEL @ 74.010
SL @ 74.420
TP @ 73.190
RR: 2.0
Use 0.5% risk!
(Remember to add a few pips to all levels - different Brokers!)


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Have a great week everyone!

ALAN

Trade active

Trade closed: stop reached:

Closed with -40 Pips!