Selling the AUDJPY
The AUDJPY made a new low(87.088). Price is yet to break the high(93.334) the gave this low which means the market is still trending down and I am looking for sell setups. Price has retraced to a preferred zone that offers a 1:4.5 risk to reward ratio hence I take the trade for a sell and place my take profit at the low. What is left is to remain patient and let the trade run.
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