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USDJPY - Profit taking not reveral?
U.S. Dollar / Japanese Yen
Long
USDJPY - Profit taking not reveral?
By robertdewick
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Mar 1, 2017
7
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Mar 1, 2017
HI guys,
A few days ago I posted an XABCD which, once we took out the stops, rocketed yesterday.
Looking at this chart, I see current profit taking hence that's why we've stalled.
Overall I see 118.000 as the big target with maybe a 3 drives to get us up there.
I'll closely be watching price action and the over-so important Daily Candle closes throughout the trade.
If anyone would like to see my analysis on their chosen pair, please just comment below and I'll break the chart down for you.
advancedharmonics
advancedpatterns
Engulfing Candle
pattern
Pin Bar
stophunt
USDJPY
DJ FXCM Index
xabcd
Related publications
USDJPY - Advanced Harmonic Pattern / ABCD / TL Break & Retest
by robertdewick
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