A great opportunity to sell Short

U.S. DOLLAR / JAPANESE YENICE

Description

⋅ Jul 13, 2021 11:21 AM

Reasons to sell-

1. Overall downtrend

2. Fib retracement of 0.38 acting as a resistance

3. Break of the ascending channel

Wait for a clear confirmation of reversal before selling because it can retrace till 0.50 or 0.618 aswell

Trade closed: target reached

⋅ Jul 19, 2021 9:05 AM