AUDJPY has hit the supply zone, past resistance area on the daily time frame.
Indicators:
1. Weekly Trend still bearish
2. RSI on daily coming into sell zone.
3. RSI on 4hr in sell zone
4. We have a rejection of the Resistance (supply area)
Entry @ price range of 75.46 to 76.00
TP 1 @ 74.00
TP 2 @ 72.65
Good luck trading!
Charles V
CVFXmanagement.com
Trading made Simple
Indicators:
1. Weekly Trend still bearish
2. RSI on daily coming into sell zone.
3. RSI on 4hr in sell zone
4. We have a rejection of the Resistance (supply area)
Entry @ price range of 75.46 to 76.00
TP 1 @ 74.00
TP 2 @ 72.65
Good luck trading!
Charles V
CVFXmanagement.com
Trading made Simple
Note
Trade active.Note
Took profits of 100 pips, will reenter on short retrace on small time frame.Note
Current reentry @ 75.70
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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.
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.