AUDJPY Price channel, resistance level at Fib SHORT
This idea is based on a price channel (weekly interval) and Fib level- Golden Level at 0.618.
The 4h candle indicates the rising trend is over, with a s/l above it and a half of transaction profit at 94.5 = risk of 1/1
Always remember to protect your capital and risk just as much as you are ready to handle!
This is just an idea not a trading advise
The 4h candle indicates the rising trend is over, with a s/l above it and a half of transaction profit at 94.5 = risk of 1/1
Always remember to protect your capital and risk just as much as you are ready to handle!
This is just an idea not a trading advise
Trade active:
I have partially closed the trade with a s/l moved to the level of entry lets see if it reaches 93
Trade closed: target reached:
thank you everyone supporting my analysis, hope you've made some money too