ProfessorCEWard

✨ AUDJPY...DT (5D) ✨

Short
OANDA:AUDJPY   Australian Dollar / Japanese Yen
πŸ”₯ REQUESTED by Palarche-Capital πŸ”₯

SLO2 @ 91.80 πŸ“‰
SLO1 @ 91.28 πŸ“‰
TP1 @ 83.33 (above mid pivot)
TP2 @ 77.33 (before support)
TP3 @ 68.99 (above major support)
Comment:
1️⃣ SLO2 @ 91.80 πŸ“‰
2️⃣ SLO1 @ 91.28 πŸ“‰
3️⃣ TP1 @ 83.33 (above mid pivot)
4️⃣ TP2 @ 77.33 (before support)
5️⃣ TP3 @ 68.99 (above major support)

ADDITIONAL INFO:
1️⃣ If Price Action (PA) pulls back (PB) higher we should be able to capture the downtrend (DT) with this Sell Limit Order (SLO)

2️⃣ Once PA PB into the Supply Zone (SZ) we identified on the 5D chart, this SLO will act as our early entry

3️⃣ This is our first TP. I placed it just above mid pivot. My plan is to Take Profit by shaving 25% and holding what's remaining

4️⃣ This is our second TP. I placed it just above a major Support level. My plan is to Take Profit by shaving 25% and holding what's remaining

5️⃣ This is our final TP. I placed it just above a major Demand level. My plan is to Take Profit by closing out ALL remaining sell positions

Professor C. E. Ward
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