Here i see that AUDJPY does not have enough support to hold the price. I'm planning to enter short with 1:2 risk to reward. I'm going to update this post accordingly.
UPDATE:
I have entered short. I have changed the stop level as there's a strong resistance. So I have moved my stop a bit above the resistance line.
Entry: 79.875
SL: 80.340 - 47 pips
TP: 78.915 - 96 pips
RRR: 1:2
This is not financial advice
Note: Please remember to follow me. I publish most of my trade setups in advance
Trade safe
Atilla
UPDATE:
I have entered short. I have changed the stop level as there's a strong resistance. So I have moved my stop a bit above the resistance line.
Entry: 79.875
SL: 80.340 - 47 pips
TP: 78.915 - 96 pips
RRR: 1:2
This is not financial advice
Note: Please remember to follow me. I publish most of my trade setups in advance
Trade safe
Atilla
Trade closed: target reached
Closed +96 pips
I know Kung-Fu!
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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.
I know Kung-Fu!
Related 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.