Euro / Japanese YenShort
Short Position
-Daily uptrend Reversing from a -61.8 Divergence going down
-4 hr uptrend divergence going down
-1 hr Downtrend Fib pulled back to 61 looking for it to go for a sell
Multiple TPs before taking it to a -61.8
.Wait for break/retest take first TP to Zone
-Once zone breaks to 2nd TP on 4 hr trend line
-Once 4 hr trend line broke/retested take TP to to -61.8
on the monthly key level
Don't take any unless a break/retest
-30 min minor uptrend Fib pulled back to 61 that is also a sell
to -27 close to minor support line
-4 hr uptrend divergence going down
-1 hr Downtrend Fib pulled back to 61 looking for it to go for a sell
Multiple TPs before taking it to a -61.8
.Wait for break/retest take first TP to Zone
-Once zone breaks to 2nd TP on 4 hr trend line
-Once 4 hr trend line broke/retested take TP to to -61.8
on the monthly key level
Don't take any unless a break/retest
-30 min minor uptrend Fib pulled back to 61 that is also a sell
to -27 close to minor support line
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.