AUDJPY, GO SHORT ON HOURLY TIME FRAME?
Hello Everyone,
Based on our system, we have some information for your consideration as below:
1. Trend: BEARISH
Reverse at Fib 61.8%
Lower High
Closed below EMA
RSI<50
2. Signal Bar: As shown on chart --->GO SHORT
⬆️ SELL STOP ORDER
➡️ Entry = 84.750
❌ Stop loss = 84.970
✅ Profit Target 1 = 84.630
✅ Profit Target 2 = 84.530
✅ Profit Target 3 = 84.400
✳️ Or you wait for the reverse bar at these target levels to move Stop Loss.
Let see what happen next.
NOTE:
THIS IS NOT A RECOMMENDATION TO TRADE BUT PURELY AN OBSERVATION ON PERSONAL RESEARCH.
YOU MUST MAKE AND MANAGE YOUR OWN TRADING DECISIONS
Based on our system, we have some information for your consideration as below:
1. Trend: BEARISH
Reverse at Fib 61.8%
Lower High
Closed below EMA
RSI<50
2. Signal Bar: As shown on chart --->GO SHORT
⬆️ SELL STOP ORDER
➡️ Entry = 84.750
❌ Stop loss = 84.970
✅ Profit Target 1 = 84.630
✅ Profit Target 2 = 84.530
✅ Profit Target 3 = 84.400
✳️ Or you wait for the reverse bar at these target levels to move Stop Loss.
Let see what happen next.
NOTE:
THIS IS NOT A RECOMMENDATION TO TRADE BUT PURELY AN OBSERVATION ON PERSONAL RESEARCH.
YOU MUST MAKE AND MANAGE YOUR OWN TRADING DECISIONS
Order cancelled:
Market is sideway. We cancel this trading order and wait next signal.