USD/JPY : Short setup (Target 500 pips) Short

U.S. Dollar/Japanese YenFXCM

Description

⋅ Oct 19, 2017 3:45 AM

Hey guys !

Here is a nice potentiel short entry on UJ

Accumulation of :
- Bearish structure ( blue )
- Retest of the strong daily trendline ( red )
- Overbought ( 90%)
- Standard deviation
- Few fibonacci

Good luck ! :)

Comment

⋅ Oct 23, 2017 3:54 AM

Im looking for a daily close below 113.6 before any entry

Comment

⋅ Oct 27, 2017 9:29 PM

Now Im leaving 50% of my position at breakeven , because of the blue line breakout .

Comment

⋅ Nov 22, 2017 2:41 PM

Take 1/3 of profit ;)

Comment

⋅ Dec 19, 2017 8:38 PM

Round 2

Comments

DatDudeDanny

⋅ Oct 23, 2017 4:22 AM

Nice, thanks for the update. I'm with you on this short. I think price is going to get driven down to shake out the kings. Then I see it coming back up to test 114.50.

View4U

⋅ Oct 23, 2017 12:23 PM

I'm NEW at this but, a (computer generated) PIVOT @ 109.764 and a retrace .618, meaning a .272 extension @ 114.7 RESISTANCE level. The 200 SMA is not trending UP - it's going down down a little not even flat yet. Too risky ALL TOGETHER ! 50 SMA trending up, though.

Beyazboga_1

⋅ Oct 23, 2017 7:16 AM

thank you for your share..