KelvinShamKaiMan

tradeideas-disscussion: 2019-12-03 AUDJPY

Short
OANDA:AUDJPY   Dollar australien/Yen japonais
A bearish bat pattern within sell zone (red box) in four hour chart. I will set 75.400 as my sell order entry price. But unfortunately, if I consider the high point (~75.980) in daily chart, my stop loss level will be far away from the entry level. For me, I don't like this situation because I don't have an ideal risk reward ratio in it. However, traders can consider this sell opportunity depends on your own risks management. Also, please note that Australia will release GDP data on 4 Dec (Wed.), Australian dollar markets may have a great fluctuation after that.

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