Ascending channel - Sell Short

Australian Dollar/Japanese YenFXCM

Description

⋅ Jul 21, 2020 3:42 AM

Long term trend - LONG
nature - Corrective phase
Pattern - Ascending channel
Stoploss - 25pips
Risk: Reward - 1:3

Ascending channel is suggestive of a reversal in trend from long to short

Trade closed: stop reached

⋅ Aug 9, 2020 5:38 AM