AUDJPY Short

Oct 20, 2022Well, in the previous analysis, I predicted that the price of this pair will be of bearish momentum. The movement enabled us to take profits @ 92.5 and 91.5. The price is back at the major resistance zone. And I anticipate that this might be the last bullish attempt before the price goes back to bearish momentum.

I am adding my entries @ 93.5.

Tp 1 @ 92.5, Tp2 - 91.5, Tp3 - 90.5, Tp4 - 89.5.

My SL is @ 94.5 thus making my R:R = 1: 4.

Remember, risk only 1 -2 % of your account.

Oct 21, 2022

Trade closed: stop reached

Stopped out.

Let me look for a buying opportunity!