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AUDJPY Short Position
Dólar Australiano/Iene Japonês
Viés de baixa
AUDJPY Short Position
Por UnknownUnicorn8106969
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Atualizado
7 de out. de 2020
2
6 de out. de 2020
I have entered a short position on AUFJPY for the following reasons:
4 hour fib retracement to the 78.6% area, which has previously been a good area of resistance
There is the formation of a double top at this 78.6% area, enphasising the potential for a downward push
A glance at the 4H linear regression shows that price is currently above the mean and also shows a downward bias
My take profit has been set at the 0% fib level, which has been a strong area of support.
This trade gives a solid risk/reward ratio of 4.26.
7 de out. de 2020
Trade fechado: stop atingido
Moved SL to half risk over night and got stopped out.
7 de out. de 2020
Nota
75.000 support seems strong.
7 de out. de 2020
Nota
Only a 1% loss
aud
fib
Fibonacci
Fibonacci Retracement
jpy
Moving Averages
short
Support and Resistance
UnknownUnicorn8106969
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