We fell below the broadening formation. It may be seen as a renewed attempt to decline further. A tighter stop is wise.
Trade closed: target reached:
Some profit taken. But still some position with a tight stop short in the market.
Comment:
The profit has been taken to decrease the position due to danger of an imminent rise.
Trade closed: target reached:
I prefer to take all the remaining profit now. I am not longer convinced in a rise of the yen.