forexnaga
Short

AUDJPY SHORT BREAKOUT

FX:USDJPY   U.S. Dollar/Japanese Yen
40 0 2
AUDJPY             finished its corrective structure and I expect it to be breaking out towards the downside because :

1. It has finished its corrective structure
2. It retraced to Fib level 61.8%

T/P at 116.096 - Fib level 127%
S/L at 118.056 - Just above Fib level 61.8%

If you agree with me, do press the like button!
If you have any constructive criticism or your own idea, do comment and share below

NOTE : This is just my viewpoint of the chart please do not take it as advice to sell/buy as I may be wrong. Trade carefully, good luck!
Comment: Correction : USDJPY not AUDJPY**
Order cancelled:
snapshot


Corrective structure extended, put a sell stop order just below structure at 117.261 to make sure I catch the breakout

T/P at 116.093 - Fib level 127%
S/L at 118.042 - Just above Fib level 61.8%
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