wifipci
Short

Re-testing after it broke the support line

FX:AUDJPY   Australischer Dollar/Japanischer Yen
I observe that the price broke the support line few days ago after forming a perfect double top pattern. The price is now re-testing the support line.
If the price goes lower than 85.0, it's a good time to Short. So, just WAIT for 2-3 days
If the price continues going higher, we will re-consider.

Entry: 85.0
TP 1: 84.0
TP 2: 83.0
R:R ratio should be 1:2 or 1:3

Trade at your own risk.

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Less is more
Simple is perfect
Patience is the key
Kommentar: Here, at 11:54 GTM
The price had been below Entry level of 85.0. An Sell limit order might be filled, of course, if i place this order.
But i didn't. I am still waiting until the day ends and see what kind of the candle will be. Right now, it is a bearing engufing, its good, but who knows! We still have 10 hours to get a new candle.
Be patience
Trade ist aktiv
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