Could We See the AUD/JPY Reaching the 76.49 Mark ?
💡 Trade Idea
📉Sell Order AUD/JPY @ 78.19
🎯 Target Profit 76.49
🛑 Stop Loss 78.85
❌ Do not risk more than 1 % of your account on each trade
🙂 Good Luck !
Description:
The price is ranging within a bullish channel but it couldn’t break the 78.67 level, and it posted a double top pattern signaling a potential reversal from an upside movement to a downward one. The pair managed to break the channel and retested the lower end of this channel which might lead to a significant move to the downside.
📉Sell Order AUD/JPY @ 78.19
🎯 Target Profit 76.49
🛑 Stop Loss 78.85
❌ Do not risk more than 1 % of your account on each trade
🙂 Good Luck !
Description:
The price is ranging within a bullish channel but it couldn’t break the 78.67 level, and it posted a double top pattern signaling a potential reversal from an upside movement to a downward one. The pair managed to break the channel and retested the lower end of this channel which might lead to a significant move to the downside.
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