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Audjpytrade

AUDJPY - sell biasedHi all traders, by now, u would have made alot of pips just following this pair of AUDJPY. Congratulations on it. Now for the next setup for AUDJPY. Im looking for the close below the trend line. IF the trend line is broken. I am gonna look for further weakness in this pair till we reach the next support. Plan your trade nicely and you should be able to scoop tons of pips from this idea. Follow me on tradingview. Like and share with all your friends of this idea. **Disclaimer: All trade ideas are of my own personal view. It's not a financial advice. Thanks!** Cheers everyone!
Short
by FxTradingWarrior
1
AUDJPY: Short term sell setupAUDJPY has reached the critical zone of resistance around 76 - 76.50 and has developed the bearish divergence. It gives us the short term opportunity to sell once the support from the most recent up trendline and horizontal level around 75.95 is broken. We can set the sell target around 74.50 which is the next support. The invalidation of this sell trade would be the break above most recent high around 76.75 Please note that the trend on the higher time frames is still bullish and this is only a short term sell trade, therefore set a conservative exposure in this trade. GOOD LUCK !!! FOR YOUR TRADES AND DON'T HESITATE TO SHOW YOUR SUPPORT IF YOU LIKE THE IDEA
Short
by moneytize