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HarrisonMit
Nov 26, 2017 9:00 AM

Trend Continuation Short

U.S. Dollar/Japanese YenFXCM

Description

After a break and close below the 111.750 level, I am looking for a pullback into structure for a trend continuation trade move. For me, I am looking at a retest of the lows at 111.190. After identifying my 'kill zone' with 2 x fib confirmations at various swings (one being the 50% level and the other a 38.2% level) I also have a 112.500 even handle at that level too.

Stay sharp traders.

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