USDJPY - D - possible lower move
Updated
We r at 50% of the last down trend move (rejection from weekly ks grey line, cs rejected from the kumo):
- possible move to the ks (blue line), note rsi is giving a sell signal;
- at ks we can bounce or continue the original down trend
- possible move to the ks (blue line), note rsi is giving a sell signal;
- at ks we can bounce or continue the original down trend
Comment
w tlTrade closed: target reached
the up scenario worked well, make sure to take some profits here as we hit the first tpComment
with today close maybe we open the gate for 112/13Comment
clearly a rejection from 618 fibDisclaimer
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