Yen is gaining strength across all pairs right now as hedge funds, banks look to be gearing up for some good strength.
We saw a great retest of the supply zone as anticipated. This fell in line with our fibonacci retracement as shown on the chart.
Next up we will look for further entries, only on impulse positions after corrections.
Zoom into the 1 hour to get a better scale on where to enter - especially in swing trades.
Now we are on set and forget.
Good luck.
Lupa
We saw a great retest of the supply zone as anticipated. This fell in line with our fibonacci retracement as shown on the chart.
Next up we will look for further entries, only on impulse positions after corrections.
Zoom into the 1 hour to get a better scale on where to enter - especially in swing trades.
Now we are on set and forget.
Good luck.
Lupa