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NDOBObanks

AUDJPY Ascending Triangle Pattern Breakout

Short
Australian Dollar / Japanese Yen (SAXO:AUDJPY)  
NDOBObanks Updated   
SAXO:AUDJPY   Australian Dollar / Japanese Yen
Wave Analysis Chart Patterns Trend Analysis Ascending Triangle audjpyshort audjpyanalysis audjpysell audjpyidea breakouttrading breakoutsignal breakoutzone
5
2
waveanalysis chartpattern trendanalysis ascendingtriangle audjpyshort audjpyanalysis audjpysell audjpyidea breakouttrading breakoutsignal breakoutzone
We expect further downside on this pair, signalled by the ascending channel pattern breakout. We can also see the breakout of a counter trendline which further supports our directional basis.
Trade closed: stop reached
Comment:
Pair still hit target despite getting stopped out early. Onto the next setup.
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