Nakedforex
AUDJPY Long- Naked Forex - Quick PipsI love to get in and out of the market. After analying this pair you can get a quick 40 pips.
USDCHF Sell Stop On H4,
1. There's a break and a retest.
2. The candle that has retested the previous support as a resistance is forming a Kangaroo Tail.
3.The upper part of the downward channel is been tested
On H1,
1. There's a mini-divergence on the stochastic
2. It's the start of the second wave in the trend
A sell stop at 0.96633 with TP at 0.96300, not expecting for the price to break the low of the second wave as the divergence on MACD shows a loss of momentum. SL being a pip+spread if the high of the kangaroo tail.