Short AUD/JPY

Updated
Consolidation of 1Hr candles and slight pullback allowing short positions to take profit and new sellers into the market
Price trading well beneath 200Day SMA confirming the downtrend
1Hr chart trading in the momentum zone of stochastic
3 Bullish candles on the 1Hr chart.

Entry: 24.247
SL: 75.637
TP1: 74.457
TP2: 73.941

Trade closed: stop reached
Chart PatternsTechnical IndicatorsTrend Analysis

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