I think the AUDJPY is going short because:
1) Price is below the 50 M.A
2) Price cross the big number Major Whole Number 80.000
3) Price cross 25 pips for the Major Whole Number
4) Price expect to retrace to 25 pips reference
5) Price expect to going down from 80.00o to Major Quarter Point 77.495
Position data:
1) Entry: 79.661
2) stop loss: 80.484
3) take profit; 77.974
Risk reward; 1:2
Regards
1) Price is below the 50 M.A
2) Price cross the big number Major Whole Number 80.000
3) Price cross 25 pips for the Major Whole Number
4) Price expect to retrace to 25 pips reference
5) Price expect to going down from 80.00o to Major Quarter Point 77.495
Position data:
1) Entry: 79.661
2) stop loss: 80.484
3) take profit; 77.974
Risk reward; 1:2
Regards
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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.