USD/JPY 12/7/2017 The correction wave in an uptrend
I think the price may be adjusted down before rising again
There are some signs of this
On daily chart:
- Gartley pattern appears
- Triple divergence of Stoch
- Shooting star at the resistance. However, this is a weak candle
On H4 chart:
We'll see.
There are some signs of this
On daily chart:
- Gartley pattern appears
- Triple divergence of Stoch
- Shooting star at the resistance. However, this is a weak candle
On H4 chart:
We'll see.
Trade closed manually:
I sold as soon as the price just broke the wedge
However, I noticed that buying power is still very strong
With 50/50 chances like this, you need to be safe
Return on capital : 0%
However, I noticed that buying power is still very strong
With 50/50 chances like this, you need to be safe
Return on capital : 0%
Comment:
Comment:
Simple chart by price action analysis methods
On daily chart:
-Morning star appears
-If the pattern is correct then the target is at least 116
On H4 chart:
-Morning star appears
-If the pattern is correct then the target is at least 116
On H4 chart:
Comment:
Stopping buyings position when the throwback price
The pattern does not work
The pattern does not work
Comment:
Can be buy buying position again
The price was broken the channel
The price was broken the channel
Comment:
Although there is a nice set up but I cancel pending buying order
Looking to the other XXX/JPY pairs and Gold, I don't feel really okay
Looking to the other XXX/JPY pairs and Gold, I don't feel really okay
I Currently have no position this pair