Murodjon

Trendline pullback

Short
Murodjon Updated   
FX:AUDJPY   Australian Dollar / Japanese Yen
Here we have a nice selling position on AUDJPY. We have trendline which has tested 4 times and finally breaksdown
Now price making pullback before drop.
We can sell here and hold it till support level. We can have another more bigger pullback so it is better to wait for price to drop to 77.100 level before using b-e or taking half position
Trade active

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.