Yen futures breakdown and retest scenario

١٨ ديسمبر ٢٠١٩

It appears that the yen has completed a 50% correction of the previous impulse down move. I am waiting for a breakdown through current support levels so that the MA's and MACD will turn bearish and then place a short order at this support turned resistance level.

٢٧ ديسمبر ٢٠١٩

تم فتح الصفقة

Short active at 9170. Will play it down to the 0.262 retracement level as shown on the chart