AUDJPY short trade on 12/01/23
- Yen got pullback and ready for possible up move. (Timeframe H4)
- In this case we can go for AUDJPY short trade, this shows JPY was strong. AUDJPY at resistance level as shown below.
- Now we need to ensure buyer loss control and shift for seller domination.
- Timing of entry
- Entry time: 10:45am
- Max profits of 4.45R
- Trade may need to hold until next day.
Note: I missed this trade as I am not confident enough on the timing part. I am waiting for another push up that failed but price just went down straight away.