AUDJPY reaching strong resistance at 78.957 candle sticks also showing a high chance of rejecting of this resistance as they are becoming smaller meaning buyers are losing momentum which is a good sign in a downtrend. Another reason why im selling is that the prrice reached the 200 SMA showing another confirmation of a strong resistance, placed stop lost only 11 pips above my entry at 78.960.
Kommentera:
TP was hit ill be waiting for another sell opporunity, 1-0 so far esketit :D