Short

USDJPY : Short with target of 105.56 and 103 for extension

By robus

Updated

Sell this breakout.
Track 4hr.
TG1 : 105.56
TG2 : 103 (Bottom of channel)
Kurodo may intervene at 105

Trade active

Shorted 107.8
Finding Target 1 105.5

Comment

700+ pips already
I see Intermediate Support at 106.8

Comment

Breaks the Support
106.8. let see More downside.

Comment

SL Moved to B/E
let see what happens in next 4hr candle

Comment

hovering just above support 106.8

Comment

1000+pips already
Keeps bouncing at 106.800-106.600 Zone.
Breaching of falling wedge suggest side ways movement until any renewed bull/bear interest.
This will break downside 105.5 on the cards.
Another 1000pips
s3.amazonaws.com/tradingview/snapshots/b/bW99TwCz.png

Comment

Dead Cat Bounce. Currency Wars.

Trade closed manually

Stubborn Support. Bouncing Around. Didn't Break.
TP at 106.3. Will Find One more safe entry based on Price Action.

Comment

See Saw. .Tested 0.618 fib. Coud not break. Back to pavillion

Comment

Double Bottom in progress. at best it tries to breach 0.618 fib resistance but most likely it confirms sideways movement and ranged between 106.90 - 106.340

Comment

Breaks Support. heading towards Target 105.5

Comment

Breaks 106. this escalated quickly

Trade closed: target reached

Closed all shorts at 105.6. We have bottomed out.I have other Idea after FOMC

Comment

Thank you all, Who liked my Idea and supported me. Treated me Special. I have received lot of love on TV in very short time. esp. gold chat is very warm to me. Regards to MOD GcNaif.

I hope you've made fortune on this. Do have look on my other ideas and comment your criticism. My charts are not neat as others. I am trying to improve.

Sincerely
Robus

Trade closed: target reached

103.5 .. Well almost 103. lol

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