CarterKyleCapital

AUDJPY Quick Retracement Sell down to 72.50

Short
FX:AUDJPY   Australian Dollar / Japanese Yen
As long as the Bears Remain in Control on the Monthly Chart I have a bearish outlook as far as direction, and the Stoch is in moving away from the SELL zone I am looking for a position to SELL down to the 72.50 area stop should be above the swing high around the 75.75 to 76.00 area which will give you a 1:2 risk-reward.

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