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Defensive SHORT on AUD/JPY by mytradinglog

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hive-171978 · @mytradinglog ·
$0.10
Defensive SHORT on AUD/JPY

![](https://images.ecency.com/DQmZinik6YZVPNcRqszcrrsGNebPSXHtDfFvHBAAYUFm5mb/image.png)







**REASON FOR THE ENTRY:** Same as the previous trade, this a "defensive" Short to recover a losing trade placed long ago, Cross of the 2 HULL Moving Average over an Andean Oscillator Buy Condition in 1-Hour Timeframe (2XHULL+AO1h), MACD 2 Hours is **Bearish**, MACD in the daily is **Bullish** as well.

I plan to close the trade as soon as I recover (Breakeven) the losing position

**TYPE:** SHORT

**RISK:** 0.06 Lots 

**PROJECTED R:R TARGET:** BreakEven of the old losing position



Evolution of the trade in the comments section, below...
👍  , , , , , , ,
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vote details (8)
@hivebuzz · 
Congratulations @mytradinglog! You have completed the following achievement on the Hive blockchain And have been rewarded with New badge(s)

<table><tr><td><img src="https://images.hive.blog/60x70/https://hivebuzz.me/@mytradinglog/upvoted.png?202503201757"></td><td>You received more than 50 upvotes.<br>Your next target is to reach 100 upvotes.</td></tr>
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@mytradinglog ·
$0.07
This is going to take longer than expected, however, Bears are driving in both MACD's

![image.png](https://files.peakd.com/file/peakd-hive/mytradinglog/Eo8LeBHFynCmSsFkmoY9W18hDzZpJXuUTzxapeWSGnFUW78Nf95PqGDbWXwUbDZtycV.png)
👍  
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vote details (1)
@mytradinglog ·
$0.04
Trade is back, I set my TP at 93.066 so I can Breakeven the previous trade and win small

![image.png](https://files.peakd.com/file/peakd-hive/mytradinglog/23tS12iW6UgFcLYuNASoniomWP7GyF6odX6Tbdeq2LrqutS9zHSzi52EgwYQfM7f9L6SW.png)
👍  
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vote details (1)
@mytradinglog ·
$0.05
2nd chance failure

![image.png](https://files.peakd.com/file/peakd-hive/mytradinglog/Eo8Ld4vkR2hokrAMxesbRkqcu29G7ickoiEEQV12EUnyvRt1WjE3rse5uEY43hWuZgU.png)
👍  
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vote details (1)
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