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!
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:
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%
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%