AUDJPY, GO SHORT ON HOURLY TIME FRAME?

Hello Everyone,

Based on our system, we have some information for your consideration as below:

1. Trend: BEARISH

Reverse at Fib 61.8%
Lower High
Closed below EMA
RSI<50

2. Signal Bar: As shown on chart --->GO SHORT

⬆️ SELL STOP ORDER

➡️ Entry = 84.750
❌ Stop loss = 84.970

✅ Profit Target 1 = 84.630
✅ Profit Target 2 = 84.530
✅ Profit Target 3 = 84.400
✳️ Or you wait for the reverse bar at these target levels to move Stop Loss.

Let see what happen next.

NOTE:

THIS IS NOT A RECOMMENDATION TO TRADE BUT PURELY AN OBSERVATION ON PERSONAL RESEARCH.
YOU MUST MAKE AND MANAGE YOUR OWN TRADING DECISIONS

Anulowano zlecenie:

Market is sideway. We cancel this trading order and wait next signal.