U.S. Dollar/Japanese YenFXCM
Description
⋅ 4hr TF we are following the trend line perfectly... it keep bouncing and make high lows
We did a 100% retrace after we hit the 111.00 which i am looking for it to hit again
1hr TF below but you can see positions highlighted in yellow of my trades due to support and bullish engulfing.
STRUCTURE STRUCTURE STRUCTURE IS KEY
Comment
⋅ Update target hit 111.00 which currently at 111.1500
4HR TF = Bullish engulfing as support 110.50-11.60 area
We broke the daily resistance 1111.0000 so we shall see where it closes today as i want to see it broke :) good 40-50 PIPS!!!