AUD showing us a nice short position in my technical analysis in H1 timeframe, but more enfocous in H4 timeframe.
In H4 timeframe we formed this sell structure scenario and we touch 2 times the resistance yellow and this could to show us another opportunity to open up short position in this Forex par. In the right hand, I post a mini-tutorial like a class to show you how this movement work in Forex. This it's similar what happen now in this par.
I hope that this Forex analysis will support you!!!
My entry short position was around $82.96 JPY and I put my SL at $83.43 JPY (38 pips) and target at $81.80 JPY (116 pips)
In H4 timeframe we formed this sell structure scenario and we touch 2 times the resistance yellow and this could to show us another opportunity to open up short position in this Forex par. In the right hand, I post a mini-tutorial like a class to show you how this movement work in Forex. This it's similar what happen now in this par.
I hope that this Forex analysis will support you!!!
My entry short position was around $82.96 JPY and I put my SL at $83.43 JPY (38 pips) and target at $81.80 JPY (116 pips)
Trade closed manually
AUD/JPY doesn't drop and we could to forming this possible shoulder head shoulder.
This trade will be closed up manually or cancelled!!!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.