Trade Setup: AUD/JPY – 6 Sep 2016

Trade Setup: AUD/JPY – 6 Sep 2016

Candle Stick Pattern: Dark Cloud Cover at (1) and Doji at (2)
Confirmation:

Stochastic overbought range at (3), also confirming divergence at (3) & (4).
Touching outer band of Bollinger Band at (1) & (2).
Retesting the resistance of (5) at (2).

Signal: SELL
Entry Point: 78.398
SL:…
#BollingerBand, #CandleStickPattern, #DarkCloudCover, #Doji, #Stochastic
#TradeSetups

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