Looking for shorts for the week AUDJPY
The most recent weekly candle closed below the previous weekly candle. Because of this I will be looking for short set ups on the 4H time frame.
A short set up on the 4H time frame is when a 4H candle closes below a previous 4H candle at, just below, or above 78.108.
If a set up occurs on the 4H time frame and price is at, just below or above 78.108, then I will attempt to make entry at the previous 4H candle's low using the 1 minute time frame.
I will look for price to trade around previous 1 minute chart levels for entries.
A short set up on the 4H time frame is when a 4H candle closes below a previous 4H candle at, just below, or above 78.108.
If a set up occurs on the 4H time frame and price is at, just below or above 78.108, then I will attempt to make entry at the previous 4H candle's low using the 1 minute time frame.
I will look for price to trade around previous 1 minute chart levels for entries.
Note
Current 4H chart. I'll be looking for a 4H candle to close below the previous 4H candle.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.