USDJPY Short Short

USD/JPYOANDA

Description

⋅ May 9, 2017 11:42 AM

Reversal to occur around the 114.5
There is confluence in the SUPPLY area with 61.8 FIB level.

⋅ May 13, 2017 11:01 PM

Watch for the DEMAND area @ 112.7
As it will most likely retest the trend line (FIB LEVEL 23%) and reverse upward.

Comments

patterntrader

⋅ May 9, 2017 1:11 PM

First of all, thank you for sharing this wonderful trade setup. Looking forward to see the result.

ryosan21

⋅ May 13, 2017 11:01 PM

@patterntrader, Your most welcome