AUDJPY Possible 20 pip Short on 1hr Time Frame

Short

Dollar australien/Yen japonais (FX:AUDJPY)

Mis à jour

FX:AUDJPY Dollar australien/Yen japonais

trendanalysis chartpattern 60min 1hour shortsetup scalping shortterm audjpy

This idea is based on a minor down trend channel that began Jan 22, 2018. The top of the channel was retested Dec 27, 2019 and continues downward. Here is an opportunity to catch 20 pips as AUDJPY broke below the 73.325 price on Fri 9, 2020. Possible short if we can get a retest for entry at 73.325.

Commentaire:

Please ignore FX and AMEX, I was trying to provide the dates of the events.

Commentaire:

This trade could possibly go for 30+ pips but I am currently doing compound trading where all targets are 20 pips. Possible 2nd target on this trade is 73.000 for 32 pips.

Commentaire:

Came within 2.5 pips of entry. It retested 73.300 and went down to take profit, didn't quite retested the 73.325. Some of my colleagues entered by market execution instead since it was close to our sell zone.

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