AUDJPY Simple sell High R/R
Updated
The pair is near the 0.886 fib level of the down move from .8750-.8360. It is also at the top of a corrective channel and the RSI is highly overbought. This a great risk to reward trade. Stops will be above the high. Zoom into lower time frame for a better entry.
*Please use your own strategy when making a trade. This is just my personal view and not a recommendation to buy or sell. As always if you need any clarification or help contact me through comments or personal message.
*Please use your own strategy when making a trade. This is just my personal view and not a recommendation to buy or sell. As always if you need any clarification or help contact me through comments or personal message.
Trade active
Comment
1st Target Hit. Will actively manage the remaining position.Thanks for your support
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.