newcapitalfx

Institutional Supply: AUD/JPY Short

Short
OANDA:AUDJPY   Australian Dollar / Japanese Yen
Happy monday!

Just finished my weekly live webinar and now it's time to share some of the charts with you here! One of them is AUD/JPY, very similar to the previous ideas I've shared last week on TradingView.

AUD/JPY is getting a bit over-extended, but more importantly AUD/JPY is moving to a very nice supply zone for me! When price reaches this area, we'll be patiently waiting for clear 4hour confirmation to take this one lower with our fixed 1:3 risk to reward strategy.

Kind regards,
Max Nieveld

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