USDJPY for future reference

Published just for myself to see how it plays out.
Not very good spot to long this (IMO).
- Chikou span below price
- Kijun-Sen / Tenkan-Sen not crossed yet
- Stoch overbought

Kommentera:

Note to self:
Good example of taking profit at retracement levels as seen here
If entered long at the bottom ~103.30
- 38.2% 40pips and 61.8% 76pips

Kommentera:

1am-5am candle closed below 50%
New candle already testing 38.2%
Interesting to see where this will go.