rcarthage

AUDJPY short set-up Swing Trade

Short
FX:AUDJPY   Australian Dollar / Japanese Yen
1. Daily fib has reached 1.18/1.27 extension zone after a shallow retracement.
2. PRice created a swing high formation after consolidation.
3. Price broke the 1hr trendline


I am looking for a price to move to at least the 38.2 retracement zone.