USDOLLAR gapped up to the top of the bearish pin bar which finished off our previous week after coming into the 50% retracement level of the most recent bearish impulse leg confluenced with previous structure.
This could indicate that this will be a good week to short xxxJPY pairs. In particular I'm watching AUDJPY for a potential short entry and I am holding a GBPJPY short position.
This could indicate that this will be a good week to short xxxJPY pairs. In particular I'm watching AUDJPY for a potential short entry and I am holding a GBPJPY short position.
