Idea is for the Aussie to gain on the Yen , within the triangle structure.
The target is the .618 fib retracement of prior major swing low.
The point of invalidation is a daily close beneath the prior minor swing low.
Entry is upon reversion to the 13 EMA.
Risk reward is favourable.
The target is the .618 fib retracement of prior major swing low.
The point of invalidation is a daily close beneath the prior minor swing low.
Entry is upon reversion to the 13 EMA.
Risk reward is favourable.