UJ Short Swing

UJ had its initial drop on July 7th. It broke the old Daily Swing Low @ 138.40. Price has since retrace to the 78.6% level on the Fibonacci. This provides the optimal trade entry back to the 138.4 area. While I expect this pair to break that level and push lower a less aggressive TP would be equal lows @ 138.40. This is a SMC trade. If you decided to take this trade Idea with me please practice proper risk management