AUD JPY short - Divergence on 1h chart + top reached?
已更新
I have shorted AUD JPY for a few reasons!
- The price has almost reached its past resistance level. To add to that idea, Stochastic is indicating overbought conditions.
- There is BEARISH divergence on the 1h chart on Stochastics.
- The targets I am aiming are close to the 0.236 FIbo replacement and the 0.50 replacement.
-The daily candle is finally bearish.
- The risk reward ratio is very nice. I plan to open 2 postions with TP at 81.140 and TP2 at 79.667.
Once TP1 is reached, I will move the remainder of the trade to BE.
- The price has almost reached its past resistance level. To add to that idea, Stochastic is indicating overbought conditions.
- There is BEARISH divergence on the 1h chart on Stochastics.
- The targets I am aiming are close to the 0.236 FIbo replacement and the 0.50 replacement.
-The daily candle is finally bearish.
- The risk reward ratio is very nice. I plan to open 2 postions with TP at 81.140 and TP2 at 79.667.
Once TP1 is reached, I will move the remainder of the trade to BE.
註釋
EDIT TO ABOVE : I wrote the daily candle is finally bearish - I meant the 4 h candle.
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。