AUDJPY Swing SHORT Trade Executed! Price Aiming For 74.500
Updated
Have a look at the above link for the analysis behind this trade setup.
Entry level: at around 77.400
STOP LOSS: 80.300
TAKE PROFIT: 74.500
RR: 1:1
With Trump threatening fresh tariffs on Chinese goods imports, the aussie made a gap down there by breaking the trendline and looks to set to continue its downward channel move!
shall there be any updates, i will update them below as needed. cheers
Trade closed manually
CLOSE THIS TRADE. PRICE HAS BEEN DEEPLY OVERSOLD. OVER THE COMING DAYS WE WILL LIKELY SEE SOME CONSOLIDATION. IN THE FUTURE I WILL GO SHORT AGAIN ON THIS PAIR, ONCE THE CONSOLIDATION IS OVER. GOOD PROFITSRelated publications
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.