Confirmations:
-4h structure bearish
-Break below the whole # 80.000, came to retest and rejected multiple times
-Trend line rejection (3rd touch)
-Push down then small pullback on 1h, rule of thumb on the 4h
-Fib pullback to 61.8%
-2 very heavy engulfing candles
-MA crossover back to the downside
-JPY strength
*Don't be afraid to lose, all it really is is a paid lesson in the markets, but you need to learn from those lessons or else you will keep paying*
-4h structure bearish
-Break below the whole # 80.000, came to retest and rejected multiple times
-Trend line rejection (3rd touch)
-Push down then small pullback on 1h, rule of thumb on the 4h
-Fib pullback to 61.8%
-2 very heavy engulfing candles
-MA crossover back to the downside
-JPY strength
*Don't be afraid to lose, all it really is is a paid lesson in the markets, but you need to learn from those lessons or else you will keep paying*