SHORT - AUDJPY - Reversal
Updated
Confluence checklist:
-Broke resistance @82.0000 & 200 EMA (looking at a potential reversal to retest. Possible quick 1:1 as price action could retest resistance turned support.
-Doji reversal set up (83 level)
-MACD divergence
-ATR decelerating
-Chop Index < 60
Please share your thoughts and opinions.
Cheers,
Sang
-Broke resistance @82.0000 & 200 EMA (looking at a potential reversal to retest. Possible quick 1:1 as price action could retest resistance turned support.
-Doji reversal set up (83 level)
-MACD divergence
-ATR decelerating
-Chop Index < 60
Please share your thoughts and opinions.
Cheers,
Sang
Order cancelled
Broke resistance. Went the other way. Cancelled stop order. No trade.Note
The signals were valid but if order was triggered result will be a loss since price obviously hit SL.
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