We are currently in on this trade on a short because o weekly resistance being respected with a weekly candle close below the area of resistance. However, the week started with a big push past the resistance line which is approaching our stop loss. We are going to let it run the course as the JPY index is in confluence with this short.
Current R:R is 1:4.65. We will keep you updated.
Good luck traders and don't forget to like comment and share for a more free analysis.
Current R:R is 1:4.65. We will keep you updated.
Good luck traders and don't forget to like comment and share for a more free analysis.