Possible 5th wave down commenced for euroyen. HA candles closed beneath the 8/14 MAV cross @ 121.90.
Enter around 120.90.
Trade invalidated at 124.10.
Look for a .618-.666 fib retracement from the 2016 H2 consolidation and rise. Target 114.50
Exit for partial profits if a green HA closes above a crossed 8/14 MAV.
Risk Reward approx. 2
Enter around 120.90.
Trade invalidated at 124.10.
Look for a .618-.666 fib retracement from the 2016 H2 consolidation and rise. Target 114.50
Exit for partial profits if a green HA closes above a crossed 8/14 MAV.
Risk Reward approx. 2