Trend Continuation entry.
Updated
Yen provides an excellent short entry for trend continuation. It reached the upper parallel of descending Pitchfork, which intersects the 2018 May Low.
Entry ~ Wait for break of ascending hourly slope line.
Stop ~ Conservative ~ 109.40
Aggressive ~ Above recent high after break slope line.
Target ~ 1 ~ September Open ~ 106.10
2 ~ 2018 Low ~ 104.65
240-min Chart
60-min Chart
Break of ascending slope line would confirm the reversal.
Entry ~ Wait for break of ascending hourly slope line.
Stop ~ Conservative ~ 109.40
Aggressive ~ Above recent high after break slope line.
Target ~ 1 ~ September Open ~ 106.10
2 ~ 2018 Low ~ 104.65
240-min Chart
60-min Chart
Break of ascending slope line would confirm the reversal.
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