Major Trend still down, and we have seen participation at 50% retracement of the recent down-move.
Price has been trading in range since the 50% was traded.
Weakness in Yen yesterday has given this setup a nice boost.
We are short below 74.20
Stop Loss @ 74.50
Take profit @ 72.30
Price has been trading in range since the 50% was traded.
Weakness in Yen yesterday has given this setup a nice boost.
We are short below 74.20
Stop Loss @ 74.50
Take profit @ 72.30
Trade active
short 74.20Stop Loss @ 74.50
Take profit @ 72.30
Note
Gift retest. Support now Resistance. 15Mins
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.