AUDJPY short entry when the market opens

3 Nis 2016

Hi traders,

On the AUDJPY I am entering a short position as soon as the market opens.
Reason for entry:

• Trend continuation
  
• Previous support & resistance
  
• 38.2% fib retracement on the daily chart
  
• Trendline
  

Entry: 85..7
Stop: 87.3
Target 1: 83.235
Target 2: 80.07

Best of luck!

4 Nis 2016

İşlem aktif

5 Nis 2016

Not

Target 1 hit. Move stop to entry.