Paul_K

AUDJPY - Nice short at MONTHLY SR area

Short
Paul_K Updated   
FX:AUDJPY   Australian Dollar / Japanese Yen
6
Hey guys, one more trade today. The best setup would be at the test of prior false breakout. But the PA is still good enough.
More in the screen.
Comment:
The trade starts going the right way. One can move the protecting stop to 87,1.
Comment:
There is time to close the position if one does not want to speculate on the major trend reversal. Nice profit now.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.