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molugururaju
Apr 19, 2017 6:04 AM

YEN SHORT Short

JAPANESE YEN / INDIAN RUPEEICE

Description

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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