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PipsPowerFx_Academy
According to the nature of the market (trend) JPY seems to be weak since last year November. And few weeks ago we were get losses on jpy pairs because of the pattern that created to complete a structure, as well as to gain bearish momentum.
Now on daily timeframe there's a small round retracement, and i predict to see the reversal around 7646 or 7555 levels and there will be a strong bearish move to 70000 level
Buy AUDJPY
Stop loss 95.924
Take profits (1) 97.082
Take profits (2) 97.914
Use a proper risk management.
0.02 (20$ to 50$) capital
0.04 (50$ to 100$) capital
0.05 (100$ to 500$) capital
Inorder to add position calculate your lotsize into two positions.
Example:-
First entry 0.01 and additional entry 0.01.
Have a good luck 🤞
Stop loss 95.924
Take profits (1) 97.082
Take profits (2) 97.914
Use a proper risk management.
0.02 (20$ to 50$) capital
0.04 (50$ to 100$) capital
0.05 (100$ to 500$) capital
Inorder to add position calculate your lotsize into two positions.
Example:-
First entry 0.01 and additional entry 0.01.
Have a good luck 🤞