AUDJPY set for 320 pips drop!!
Hi traders,
As you can see we have a nice entry reason on this pair. This pair has recently enjoyed some bullish run and if we see the D1 chart we shall be able to spot the nice reversal candle printed on the D1 chart which suggest there should be a temporary retracement or reversal on the card. I have gone short on this and marked the tp and 0.382 fib extension.
Let me know should you have any question.
Trade safe and good luck.
As you can see we have a nice entry reason on this pair. This pair has recently enjoyed some bullish run and if we see the D1 chart we shall be able to spot the nice reversal candle printed on the D1 chart which suggest there should be a temporary retracement or reversal on the card. I have gone short on this and marked the tp and 0.382 fib extension.
Let me know should you have any question.
Trade safe and good luck.
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