AUDJPY - H4 - Pending Sell

Bases for the idea:
1/ From the news: "USDJPY, GBPJPY, AUDJPY Drop as Japanese Yields Swell"
2/ From the chart: a triangle is forming in H4 time frame

My idea is:

Sell Stop @ 89.0
TP @ 88.0
SL @ 90.0

Expiration/ waiting time: 24 hours from this post (H4 is a long time frame).

Good luck.

Kommentera:

Edit entry as followed:

Sell Stop @ 89.5
TP @ 88.5
SL @ 90.

Kommentera:

SL Hit due to the news from BOJ.