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faylee
24 maj 2017 03:22

Short USDJPY Kort

U.S. Dollar/Japanese YenFXCM

Beskrivning

Estimated entry:$112.03-112.1
Tp1:$111
Tp2:$109.3
Tp3:106

Handel aktiv

1st entry:$111.84

Kommentera

The high is $112.02, my pending order for 2nd entry has no chance to be active:)

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finally my pending order at $112.03 was effected

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tp 1: $111 reached!
4H chart update: Waterfall just started, testing support $110.8-110.2, down trend is continuing with no doubt. Hopefully will hit $109 in near future

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Update 4H chart: Sell when $111.5 rejected, or sell after breaking out $110.8 and pull back.

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Daily chart update:
bearish trending continue obviously, heading next tg:$109.1, final tg for wave E will be $106-105.8

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AB=CD, D target: $107

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next u-turn point likely will appear 4 hours later, estimated entry:$111.5-111.6

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it started to drop timely

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will see waterfall soon

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no doubt will hit109.3,close the gap, then finally 106 is possible

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4H chart update: see h&s pattern, next tg:$109.8

Trade stängt manuellt

profit taken already. today will bounce

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4H chart:
Tp2:109.3reached!! gap closed.

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daily chart update: AB=CD,D target:$106.9-107

Handel aktiv

109.9

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4H chart update: bounce to test the resistant level and continue to drop

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4H chart update: AB=CD, D tg:$108.21,conflunced with fibo tg:$107.52 exit.

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4H chart update:

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Heading tg:$108.2
1H chart update:

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1H chart update: see H&s Pattern, has broken the neckline, go short after retracing $111.25-111.35, for TP1:$110.6-110.4,TP2:$109.7

Handel aktiv

111.3

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4H chart update:
Likely going to test 111.2 level, if broke, will test110.4, bo 109.1 will continue to drop for wave e

Handel aktiv

shorted 111.72

Kommentera

tg:$111.2-$110.4-$109.1

Kommentera

added 112.335

Trade stängt manuellt

Kommentarer
GeorgeJimas
Agree.
faylee
@Perseus, thank you:)
ultra76
Hey Faylee, what is your idea regarding the last up move? Just testing the upper channel and resuming the downtrend?
Rufio182
Thank you for sharing! Great analysis
CalvinS
Thanks much for the update Fay... it's very reassuring sometimes :)
jer3myFX
@faylee do you think 107 still possible?
salsapete
Gosh... just good analysis.... i'd clap if i wasn't typing..... LOL....
yujingr
price at 111.38 now, will you short again?
waker240
agreed; late to the party though; I have been waiting for that last candle to bounce off the resistance area. Shorted, hopefully it fills the gap. xD
prar30
@faylee still possible to enter this trade?
Mer