tradingjournal101_

AUDJPY Big Drop is Imminent

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tradingjournal101_ Uppdaterad   
FX:AUDJPY   Australiensisk dollar/Japansk yen
A nice pullback to the golden ratio. Daily candle close has shown a nice rejection of the 61.8 retracement (shooting star). TP is the -23 level which is also a monthly support level. SL is at the 78.6 level which is above the S/R zone. There is a market gap that hasn't been filled yet which is circled so if this happens then the SL should still be protected. Multiple confluence on other JPY pairs too. Volume also seems to be picking up.
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Weekly view (parallel channel):
Monthly view showing support zone:
Handel aktiv
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Nice candlestick pattern on 4H triggers entry:
Trade stängt: Stopp nått:
-1
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