From TradingView · · 40s
AudJpy Trade Idea for OANDA
TradingView user suggests shorting AUDJPY based on price flipping bearish at resistance.
In brief
TradingView user suggests shorting AUDJPY based on price flipping bearish at resistance. TradingView user OfficialJ23 plans to short Australian Dollar against Japanese Yen if price retests resistance level. Originally reported by TradingView.
TradingView user suggests shorting AUDJPY
OfficialJ23 plans to short Australian Dollar against Japanese Yen if price retests resistance level.
“I'm personally looking to short AJ with price flipping bearish at a level of resistance”
Price flipping bearish at resistance
Price respected and dumped from the level in the past so based on probability and structure we could potentially see price do it again.
“Price respected and dumped from the level in the past”
Execution conditions for shorts
I'll execute shorts IF price can retest and close bearish on the 15m time frame and target a 1:3 risk reward.
“I'll execute shorts IF price can retest and close bearish on the 15m time frame and target a 1:3rr”
The essence
TradingView user OfficialJ23 plans to short Australian Dollar against Japanese Yen if price retests resistance level.
