Same trade different base!

2019-11-03 18:21:31

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!!