Long at Monthly Open, but hedged with a EUR/JPY short at Monthly Open.
Comment:
Price seems over extended. Potential for bearish (or reversal) sentiment seems to be increasing.
Would this provide an opportunity to sweep the highs, take out the early shorts, then begin the real correction?
Trade closed: target reached:
+2.33R
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Would this provide an opportunity to sweep the highs, take out the early shorts, then begin the real correction?