MaryJane
Short

Exspected Downwave in full swing!

FX:USDJPY   U.S. Dollar/Japanese Yen
971 12 43
Isn`t that nice? ;-)

Main Analysis (daily):
Shortchance below 105?
Shortchance below 105?

If the pair would trade below 105, i see the possibility for a further downwave.
First TP of the short is the former low @ 100

Comment. microstructure:
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Comment. will the flag trigger the bigger shortsignal?
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Comment. TA- i am lovin it!!!
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Comment. reached bottom trend-edge..perhaps we will see a tiny rebound to the 38,2 fibo..
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Comment. oh yes!!!!! nice rebound to the upper edge, a new 2 and possible 3 is built
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Introduction into 1-2-3 Trading Pattern


Comment: aha
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Comment: next downwave ahead?
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Comment: aha
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Comment: nice...happy weekend!
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Its looking like its going to go sideways in a tight channel before it continues its downward course...
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MaryJane SoCalTrader
Hi SoCalTrader . sounds interesting...what are the signs for that sideways asumption?
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SoCalTrader MaryJane
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MaryJane SoCalTrader
the pair fell back into the trendchannel (down), why do you think we will not break through the last low?
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SoCalTrader MaryJane
If it pierces the resistance we can assume itll test the 105.4 resistance again....if it falls beneath the 104.531 support its not stopping lol
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SoCalTrader MaryJane
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MaryJane MaryJane
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SoCalTrader MaryJane
One thing is for certain...the velocity slowed down considerably.....once new york wakes up its going to go where ever the barrel is pointing fairly quickly I'd presume.....
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That is 61.8 retracement of BOJ monitery policy outlook spike. Yes it is possible price will go to 1.618 extension - 100.934
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Long on 15 min
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great work mate! jumped in a short this morning...79 pips later hits TP and im off for an enjoyable weekend! catch you next week mate
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excellent~~
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