Marenno
Short

USDJPY SHORT ENTRY LEVELS, EURO SESSION ONLY

FX:USDJPY   U.S. Dollar/Japanese Yen
More chances for a bearish continuation, what is confirmed by a recent multi time frame price action research, and important level zones







Next webirar (London time): 11/08/16 14:00 https://www.youtube.com/watch?v=tYi9jXCh5tQ

How to use levels - 1. Wait till the level is reached, 2. Reversal pattern, 3. Confirmation , 4. Entry, 5. Target (intraday) is a last level on the direction mentioned with arrows.







Currently there are no clear patterns on a chart (it doesn't mean that there are no level limit entries and places for stop entries)

We also have to review the range of the closed period comparing to the previous set of periods, hours, weeks, months, etc... Here, I'm showing you a range compared to 6 and 3 previous periods, NR means Narrow range, WR means wide range, the number displays a total periods reviewed, if the NR is displayed, high possibility of the range expansion, in WR case it can be opposite. at the moment here's the situation:
1W NR4;
Learning material:
How to count option levels: http://marenno.com/index.php/counting-option-levels/

















Also I have decided to share a Levels, that take time to count, and you can use them as a bounce levels in a direction you trade:
Option level R4 102.095
Option level R3 102.095
Option level R2 101.640
Option level R1 101.640
Option level S1 101.099
Option level S2 101.099
Option level S3 100.571
Option level S4 100.571

Session (current session only) levels:
r3 101.945
r2 101.786
r1 101.628
p 101.326
s1 101.168
s2 100.866
s3 100.708

I really hope that sharing of my routine with you, will help you in your trading.

Also I really hope that in respect to my hard work, you will take time to use the data I share, you will put the levels on a chart, and will apply it to your trading.

Sincerely
Arturs Jermolickis
arthur@marenno.com
skype: marenno.business
A short - government required disclaimer:
I’m not providing any advice, and I do not guarantee any profit. What you see here is only a share of my view of the market.
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