AUDJPY : LOOK FOR SHORT
Updated
Multiple reasons to sell
1. rejection from previous resistance line
2. double top with RSI Divergence
3. rising wedge break down
4. head n shoulder pattern breakdown from neckline
on 30 mins it is showing some strength might come back to re-test 79.9-80 zone for retesting the Break down, use that opportunity to sell for a better risk to reward. please check the chart for SL and Target levels.
Cheers!!
1. rejection from previous resistance line
2. double top with RSI Divergence
3. rising wedge break down
4. head n shoulder pattern breakdown from neckline
on 30 mins it is showing some strength might come back to re-test 79.9-80 zone for retesting the Break down, use that opportunity to sell for a better risk to reward. please check the chart for SL and Target levels.
Cheers!!
Note
Sell triggeredNote
stop loss Level reached, but didn't sell, added a fresh short at 80.4Note
Updated my SL to 81.06
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