KinkoHyoTrading

Sweet short could be coming towards us

Short
OANDA:AUDJPY   Australian Dollar / Japanese Yen
** Got in at 79.973
SL : 80.033 ( 5pips)
TG 1 : ~79.660
TG 2 : ~78.330**

At the moment this pair is ranging, reached already it's summum. So should be a perfect entry lvl until the sell Zone. If the price reaches the Sell-Zone, be aware of the invalidation lvl NUM 2. If the PA respect the invalidation lvl Num 2, we should expect the PA to drop until it's resistance around 78.220 but I prefer to stay safe blocking it at 78.330.

I am practicing what I have learned for many months now. Your comments are much appreciated.

**Use TradingView as a confirmation for your own strategy**
**Please study hard before placing your money on Forex**
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.