In the past month we have seen the EUROYEN Bullish after a 125.000 reversal.
the pair was Bullish to 131.00 on the Fibonacci retracement tool before a Bearish rejection on the downtrend trendline.
the pair corrected safely down into the 129.700 and 128.830 region before Bullish momentum increased price to 129.463 to form a TRIPLE TOP
on the 60 minute time frame, price was rejection at 129.700 with an INVERTED HAMMER.
I have eyed 129.420 as my entry and 128.800 as take profit 1 and 127.853 as take profit 2
129.820 as my stop loss
the pair was Bullish to 131.00 on the Fibonacci retracement tool before a Bearish rejection on the downtrend trendline.
the pair corrected safely down into the 129.700 and 128.830 region before Bullish momentum increased price to 129.463 to form a TRIPLE TOP
on the 60 minute time frame, price was rejection at 129.700 with an INVERTED HAMMER.
I have eyed 129.420 as my entry and 128.800 as take profit 1 and 127.853 as take profit 2
129.820 as my stop loss