We have a very beautifully market constellation. The price reached the 1,618 extension of the privious bearish leg. The 0,382 retracement of the current bullish leg is exactly the previous leg. Thus, I look for a confirmation of a upcoming correction to go short. Taking RSI into consideration, it shows divergence already.
What do you think?
Your Likes much appreciated.
What do you think?
Your Likes much appreciated.
Transaction en cours:
Commentaire:
JPY shows some weakness after strong bullish movements since beginning of November. I am going to increase my position with next possibility and good Risk/Reward-Ratio. However, trading correction might be mind stressful.
Transaction en cours:
Transaction en cours:
Increased my position. The opening of the UK-stock will be important.
Transaction en cours:
Break of the last low.
Trade fermée: cible de profit atteinte:
First target reached.