AudJpy sell set up

21 Ağu 2018

AUDJPY
There are a couple of reasons why we took this trade.

1. The trend is bearish. Earlier this month, price broke the 81.0 resistance and has bearish ever since then.
2. We are now approaching the 81 level which is a key resistance. Since the trend is bearish we are hereby looking for signs of weakness.
3. Formation and completion of a bearish gartley pattern.

Let us see how this will play out.

21 Ağu 2018

İşlem kapandı: durdurma seviyesi

21 Ağu 2018

Not

We are still bearish but as for now we wait for another sell set up