Euro / Japanese YenShort
Short Position
Daily- uptrend fib hit -61.8 and reversed
4 hr- uptrend broke/retested for a sell fib pulled to 61 and hit -27
looking for a sell to hit -61 on top of a weekly key level
1 hr- Downtrend, fib pulled to 50 looking for it to go to -27
(which is -61.8 on the 4 hr) wait to see if it will hit 1 hr trend line first
30 min- slight uptrend fib for a sell wait for pull back to 1 hr trend line then
to -27 on the weekly key level
4 hr- uptrend broke/retested for a sell fib pulled to 61 and hit -27
looking for a sell to hit -61 on top of a weekly key level
1 hr- Downtrend, fib pulled to 50 looking for it to go to -27
(which is -61.8 on the 4 hr) wait to see if it will hit 1 hr trend line first
30 min- slight uptrend fib for a sell wait for pull back to 1 hr trend line then
to -27 on the weekly key level
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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.