AUDJPY SHORT OPORTUNITY!

AUDJPY have now reached support of a 2 week uptrend! However the overall trend is downward on the daily timeframe and the pair has formed a double top formation close to the overall resistance level! We will now look for short opornunities if the pair breaks through the 2 week support and rejects upward momentum! We will look to enter at 74.020 with the tp of last week low of 73.0. SL will be placed 50 pips above entry point at the current head of the double top at 74.50.

Risk Reward 2:1

Entry: 74.020

SL: 74.5 ( 48 PIPS)

TP: 73.0 (102 PIPS)

What do you all think! :D

註釋

The pair is now trying to push thorugh the 2 week long support. Please wait for confirmation that it respects it before entering anything!

交易進行

Active in trade in profits at the moment!