SHORT - AUDJPY - Reversal
Confluence checklist:
-Broke resistance @82.0000 & 200 EMA (looking at a potential reversal to retest. Possible quick 1:1 as price action could retest resistance turned support.
-Doji reversal set up (@83 level)
-MACD divergence
-ATR decelerating
-Chop Index < 60
Please share your thoughts and opinions.
Cheers,
Sang
-Broke resistance @82.0000 & 200 EMA (looking at a potential reversal to retest. Possible quick 1:1 as price action could retest resistance turned support.
-Doji reversal set up (@83 level)
-MACD divergence
-ATR decelerating
-Chop Index < 60
Please share your thoughts and opinions.
Cheers,
Sang
Order avbruten:
Broke resistance. Went the other way. Cancelled stop order. No trade.
Kommentera:
The signals were valid but if order was triggered result will be a loss since price obviously hit SL.