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jackmyattFX
Feb 23, 2016 11:47 PM

AUDJPY Potential Shorting opportunity Short

Australian Dollar/Japanese YenFXCM

Description

AUDJPY Currently in a strong downtrend from higher TF
-Simple trendline break trade here
-Rules:
break and close below on at least the hourly
retest of the broken area
of course rejection of that area
-Apply risk/reward and money management
-Have a couple of targets
-Jump in

Happy trading!!!!!

Trade active

First target along with 2/3 profit banked
Comments
forexmech
Agree to this one, Similar pattern CADPY
HarshRanjan
Lay-Z
Great minds think alike, best of luck
jackmyattFX
Exactly good luck
jackmyattFX
kallentto
Thank you, I took the 1st target also :)
jackmyattFX


Broken and closed beyond this blue box which was resistance.....Means more downtrend
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