INDIGO SHORT TRADE #SWINGSHORT INDIGO if it sustains below 1490.
Target 1 - 1470
Target 2 - 1440
SL - 1520
DISCLAIMER: This view is only for educational purposes.
Mediumrisk
AUDJPY: 1:3.6 Risk Reward LONG- Volatility within the western markets potentially may increase
- Could this appreciate the USD or will it strengthen the AUD with close ties to the CNY
Medium Risk Setup:
-Medium risk setup
- Limited exposure on position
Fundamentals:
- Logikfx quant score +20 AUD, - 40 JPY. JPY showed - 30 the day before, showing an increasing weakness shift.
- Trade has potential to shift to neutrality, more of a speculative one backed by logic.
- If scores continue to diverge, it can be a promising up trend.
