AUDJPY
The pair is in a downtrend. Wait for entry signal - break of counter trendline with close bearish candle.
Enter trade Selling pair. Place Stop 10 pips beyond current high and place Limit on a 1: 3 Risk Reward ratio.
For Fibonacci traders, the market is almost at its D extension, after which it well make a new Low and begin too rally into a retracement in the New A-B boundary.
To your trading success, Fx-Kalapanzy
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