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TerryHarmonicTrading
Oct 27, 2017 2:50 AM

USDJPY - Shark @ 114.15 Short

USD/JPYOANDA

Description

After trading the small shark 2 days ago, I see yet another shark forming on USDJPY.

The game plan remains the same.

Wait for price to get close to the trendline.

Monitor volume for early entry.

The safe entry is to wait for breakdown of trendline.

Will target 113.40 for initial profit target.

SL at 114.35.

Will keep you guys posted, I have yet to enter.

Comment



Those who shorted and profited last week take note of this bullish shark completing.

Will strongly recommend taking some profits at 113.50 area.
Comments
jose
Hi mate, are you in this ride?
jose
@jose, huhh my sl is alived (114.50)
jose
@jose, i.imgur.com/S57iVla.jpg
great call, thank you my master :-)

have nice weekend
TerryHarmonicTrading
@jose, congrats. Apologies, was out with my family and was not watching the charts last night. No, I didn't get in. Congrats you survived the spike and made some profits!
jose
@TerryHarmonicTrading, Dear Terry what do you think: your previous idea
is valid now?
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