Euro / Japanese YenShort
Possible "piercing line" - I still like being SHORT
I'm seeing a possible piercing line candlestick pattern on 9/22. I sold a this pair based on a bounce off 38%fib level, looking to target lows of 111.
-I still like being short this pair based off the nice break of wedge.
-I like adding positions to my short if price breaks the 112. level of support
-I will be protecting profits if this candle pattern plays out and will look to re-enter again near resistance.
-I still like being short this pair based off the nice break of wedge.
-I like adding positions to my short if price breaks the 112. level of support
-I will be protecting profits if this candle pattern plays out and will look to re-enter again near resistance.
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