USD/JPY 15-min sub-crown confirming potential Cap "BlackJack"
USD/JPY has just recent created a bearish sub-crown on 15-min, just awaiting confirmation of right-shoulder establishment.
Caps are down with a max. 86% retracement, so I am LT bearish on this anyway, but the presence of the bearish sub crown confirms this sentiment. I am looking to short on rallies to the 15-min 1.18 (and new sub-crown's anticipated 1.618, as well)
Caps are down with a max. 86% retracement, so I am LT bearish on this anyway, but the presence of the bearish sub crown confirms this sentiment. I am looking to short on rallies to the 15-min 1.18 (and new sub-crown's anticipated 1.618, as well)