Trend continuation 8EMA is under the price Fibbonacci Retracement 4H Bullish Engulfing Support zone I aim for a next high for a 1:2.5R
AUDJPY Long trend continuation Support zone 8EMA retest I aim for 1:3RR BE set after passing 1:1.5RR
Fibbo retrace Support zone hit We are under ema so low risk Target the last big high
AUDJPY Long trend continuation Support zone 8EMA retest I aim for 1:3RR BE set after passing 1:1.5RR
1. Daily, and 4H bearish 2. The price hit a resistance zone 3. Price is under 8EMA 4. Head and Shoulder pattern 5. 2H bearish engulfing 6. 50% Fibbo retrace I will short till a new low is created on 4H restulting in 1:2R