A bearish engulfing bar has formed at the resistance of the AUDJPY on 4Hr. The bearish engulfing pattern has momentum behind it as it is reversing a sharp uptrend that shows signs of exhaustion. Good trade. Have to watch it though because there might be some traffic along the way down.
Place pending order according to entry strategy. Use due risk and money management.
Place pending order according to entry strategy. Use due risk and money management.
