AUDJPY short selling

Jul 31, 2017

The pair have been showing signs of weakness lately confirmed by the break of the bullish trend line combined with the break for the head and shoulders neck line and the extreme swing for the RSI .selling short targeting 87.750 stop loss 88.480

Jul 31, 2017

Note

Take care this is not a pennant ,actually the candlesticks are showing some strength figures ,for those who traded the break of the neckline protect your profits ,for new position setup it's better to wait for the break of 87.877

Aug 1, 2017

Note

the pair has just retested the trendline looking for the break of 87.850 level ,after breaking it the 87.750 is most likely to be the next support level.

Aug 11, 2017

Trade closed: target reached

Aug 27, 2017

Note

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