欧元/日元做空
New Structure Lower Low on EUR/JPY
EUR/JPY HAS BROKEN LAST SUPPORT/HIGHER LOW, NOW IT HAS MADE A NEW STRUCTURE LOW, WAITING ON PRICE TO PULLBACK TO ONE OF FIB RESISTANCE LEVELS, AND FROM THERE SEE BULLISH EXHAUSTION ON THE 4H, THEN DROP A TIMEFRAME TO THE 1H TO TIME MY ENTRY.
RSI ALSO APPROACHING OVERBOUGHT CONDITIONS, (7). TO DETERMINE MY TAKE PROFIT, I USE A FIB EXTENSION FROM HIGH TO LOW AND BACK TO HIGH, AND IF YOU LOOK LEFT, YOU'LL SEE THAT IT LINES UP WITH SUPPORT.
RSI ALSO APPROACHING OVERBOUGHT CONDITIONS, (7). TO DETERMINE MY TAKE PROFIT, I USE A FIB EXTENSION FROM HIGH TO LOW AND BACK TO HIGH, AND IF YOU LOOK LEFT, YOU'LL SEE THAT IT LINES UP WITH SUPPORT.
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