USDJPY: Profitable downtrend? Price is maybe at highest peak Short

U.S. Dollar/Japanese YenFXCM

Description

⋅ Dec 17, 2014 8:56 AM

- CCI indicating overbuy
- While main trend is downtrend (as indicated by 2 SMA 50 and 100)
- Currently price have reached supply level and im expecting the price will go down

USD (US Dollar)Supply Zone Demand Zone Oscillators Commodity Channel Index (CCI)downtrend

Comments

Fib.The.Gentleman

⋅ Dec 17, 2014 8:58 AM

Same here, MAybe 116.00 or 116.20

coffeeground

⋅ Dec 17, 2014 9:09 AM

Hahaha! Our style is identical. I'm already making profit in this few minutes :P

RobTaylorForex

⋅ Dec 17, 2014 9:13 AM

:) short as well. RSI broker the trendline same time as price on both 30m and 15m

RobTaylorForex

⋅ Dec 17, 2014 9:17 AM

and 15