This is a tricky pair given the recent GBP strength.
Considerations for short
- Double top rejection (daily)
- Weekly trend line to the downside intact / Daily top rejection
- JPY pairs reacting to Nikkei topping out. Due for correction.
Considerations for short
- Double top rejection (daily)
- Weekly trend line to the downside intact / Daily top rejection
- JPY pairs reacting to Nikkei topping out. Due for correction.
Comment:
retest of doubletop. looking for entry short here
Comment:
Pays to be patient. trail stop to 142 next stop
Trade closed: target reached
Comment:
Trend is still valid waiting for retest of 142.50 level
Trade active:
shorts entered 142.52 tp 140.60
Comment:
still on the trade. ride to 142
Trade closed: target reached