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U.S. Dollar / Japanese Yen
Short
May 16, 2016
EntryTrade #1 USDJPY Big Picture Analysis
4
Grab this chart
Grab this chart
Trading decision is broken down to elements and evidence:
Trend: Down [BB Band 100]
Timing:
1) Trend line - will break soon
2) Previous trends happen after trendline break
3) Trend line is breaking soon
4) Stoch - Turning soon
5) FIB of previous wave- 50% of previous wave
6) Forming multiple pin bars
This means it is ready to be entered
Moving to lower time frame to set up entry orders.
EricSeto
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USDJPY
EricSeto
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