In my opinion we should be getting ready to go long;
- Stochastics are at over bought
-Fib level 100 is touched and we are in side ways range, couple of green candles will be a good sign to take long position.
- Stochastics are at over bought
-Fib level 100 is touched and we are in side ways range, couple of green candles will be a good sign to take long position.
Trade active:
Unfortunately the YEN had not retrace back from 100% fib level and instead has broken down and then going in range for a little while, but now I believe its gonna hit the 161.80% mark and then head up.