We have taken profits from our past 2 entries for a total of 150 pips.
AUDJPY is at a pivotable point right now, on the up trend line area. Looks like it has broken but no significant candlestick has closed much under it. Wait to see how it reacts and have your entries ready.
Daily RSI is still in sell zone and the technicals are pointing to the south still.
Look to enter at back side of trend line if broken.
Look to enter at past resistance @ 76.00 area
TP 1 & 2 at green lines.
Good luck and let me know if there are any questions.
Charles V
CVFX Management
Trading made Simple
AUDJPY is at a pivotable point right now, on the up trend line area. Looks like it has broken but no significant candlestick has closed much under it. Wait to see how it reacts and have your entries ready.
Daily RSI is still in sell zone and the technicals are pointing to the south still.
Look to enter at back side of trend line if broken.
Look to enter at past resistance @ 76.00 area
TP 1 & 2 at green lines.
Good luck and let me know if there are any questions.
Charles V
CVFX Management
Trading made Simple
Note
Trend line broken, look to enter sell on backside.Note
Price shot down without a retest, be patience as price moves in waves. Expecting price to retrace to at least 75.00.
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.
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.