ishstar

Something to take note of

FX:USDJPY   U.S. Dollar / Japanese Yen
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11
In this whole run up since the election I have yet to see what I just saw today. Two consecutive 4H pin bars such as these (these pins are quite large compared to anything on the 4h chart). The second one making a LH and to which it can also be considered a double top . I will be watching this closely today for any further signs of weakness.
Comment: this is also interesting
Comment: Ahh this is why its important to pay attention to higher time frames :)
Trade active: I am now short from 118.34 after failure to take out high of 118.41.

Looking at 1H we now have quite a bit of selling

Comments

looking to hit 61.8-.5 first to take some off and see how price reacts around there, will add again if it continues to drop,
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what is your TP?
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