This is coming off of a major Double/Triple Top on the daily with not much under it.
Right now probably an equivalent trade (in magnitude) with the AUDJPY short but probably a faster drop.
One can use <25 pip stops here until it fully breaks down - which shouldn't be long.
Here is the Daily
Right now probably an equivalent trade (in magnitude) with the AUDJPY short but probably a faster drop.
One can use <25 pip stops here until it fully breaks down - which shouldn't be long.
Here is the Daily
Comment:
Incidentally, this break here...
... makes this a better (cleaner) short than the AUDJPY.
Trade active:
SHORT
with a 25 pip Stop.
with a 25 pip Stop.
Comment:
This one here - CADJOY
... is likely the better SHORT out there.
... is likely the better SHORT out there.
Trade active:
SHORT
Trade closed: stop reached:
FLAT; -16 pips
Trade active:
SHORT
Trade closed manually:
FLAT; +30 pips
Trade active:
SHORT