Trade Idea AUDJPY Short📉 Trade Idea: #AUDJPY Short 📉
📌 Entry: Sell Stop @ 95.53
🛑 Stop Loss: 94.154
🎯 Take Profit 1: 94.914
🎯 Take Profit 2: 94.291
🧐 Trade Analysis:
- 📊 1-Hour Divergence: A bearish divergence signals potential downside.
- 🔄 Inverted Head and Shoulders: This pattern often indicates a reversal to the downside.
- 📈 4-Hour Range: The pair is currently ranging, offering a potential trading opportunity.
📚 Educational Insights:
1️⃣ A bearish divergence occurs when the price is rising while the indicator (e.g., RSI or MACD) is falling, suggesting a potential reversal.
2️⃣ Inverted Head and Shoulders is a bullish reversal pattern, but when it appears in a downtrend, it may signal a bearish reversal.
3️⃣ Ranging markets provide opportunities for traders to profit from price fluctuations within a specific range.
📊 Remember to manage your risk and use proper position sizing. #TradingTips 💡
📢 Disclaimer: This is not financial advice. Trade at your own discretion and risk management. #ForexTrading #TechnicalAnalysis 📈💹
