USD/JPY - Short
Hey guys, not took to many trades this week myself like i said at the start of the week im just waiting for a clearer sense of direction... ive had a couple of intra day trades stopped out this week on EUR/USD & EUR/GBP but left my swings in play...
So...USD/JPY...I love this set up!
Monthly
Weekly
Daily
4 hour
1 Hour (execution chart)
So...USD/JPY...I love this set up!
Monthly
- Failed to put in a new higher high currently in line with the previous high from 2007
- 61.8 Fib from swing high to swing low of the complete monthly move
- 78.6 Fib from the swing high below that level
- March finished as a spinning top
Weekly
- MA's are about to cross on tomorrows close
- Potential spinning top weekly close
Daily
- Head & Shoulders Pattern
- Shooting star potential close
- 61.8 Fib confirmed from previous high
- MA's still bearish
4 hour
- Broken Trendline
- Closed below major support
- Evening Star candlestick formation
1 Hour (execution chart)
- Double Top
- Price rejected the 120.000 even handle
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