AUDJPY Simple sell High R/R

The pair is near the 0.886 fib level of the down move from .8750-.8360. It is also at the top of a corrective channel and the RSI is highly overbought. This a great risk to reward trade. Stops will be above the high. Zoom into lower time frame for a better entry.

*Please use your own strategy when making a trade. This is just my personal view and not a recommendation to buy or sell. As always if you need any clarification or help contact me through comments or personal message.

Trade attivo

Commento:

1st Target Hit. Will actively manage the remaining position.

Thanks for your support