Analysis and plan - SHORT AUDJPY
Analysis
Equality between A-C is common, so according to this idea, this may be an opportunity to short.
The risk to reward is really good for two targets.
Plan
Short with a tight stop, just above swing high.
Equality between A-C is common, so according to this idea, this may be an opportunity to short.
The risk to reward is really good for two targets.
Plan
Short with a tight stop, just above swing high.
Note
Stopped by a few pips, trying again, re-shortingTrade closed: stop reached
Stopped out, and managed to get a break even on the second try. Thats what i get for revenge trading...
Price didnt go nowhere, i will stay aside from this pair
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