This is a reflection of the JPY weakness for the coming month. Breakout and test of the Monthly kijun area (rectangle) and we should get a good bounce from here going up. Notice should be taken to the M formation on the daily for a short but precedence is given to the monthly signal which was a close above the Monthly tenkan.
Entry: 2 small positions @ 109.734
SL: 108.708
TP1: 110.454
TP2: 111.984
Risk Management is critical!!
Entry: 2 small positions @ 109.734
SL: 108.708
TP1: 110.454
TP2: 111.984
Risk Management is critical!!
