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molugururaju

YEN SHORT

Short
JAPANESE YEN / INDIAN RUPEE (FX_IDC:JPYINR)  
molugururaju Updated   
FX_IDC:JPYINR   JAPANESE YEN / INDIAN RUPEE
5
0
yen is short , since after XABCD pattern there has been nice up move and faced resistance at supply zone, i.e AB leg is completed now BC leg is now being formed. we shall target the C level as 0.382 of AB i.e 0.5890 , this is the target.https://www.tradingview.com/chart/HjzNHrdK/
Comment:
by the EOD of the Indian session, the view is justified
Comment:
the c level is near 0.5880 to 0.5890
Trade closed: target reached:
the C level reached at 0.58623 ,
encash the profit.
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