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Short

Possible Short Scenario at top of channel.

FX:USDJPY   U.S. Dollar/Japanese Yen
584 7 16
As price is approaching top of channel, two short scenarios could come into play.

A) Break through .5 to .618 previous resistance
B) Break down from .5 level toward bottom of channel
Should be interesting if it works.
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Gekko.uk IvanLabrie
Should be? This is a high probability set up. I can bet my whole account that this will happen. Amazing idea @FXSurf
+1 Reply
good !!!
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FXSurf PRO ersoytoptas
Thanks, your valuable insight is always appreciated.
+1 Reply
Good stuff. Was about to publish a near enough identical idea but I would rather you get to the top list with this one!
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Good idea.Thank you.
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Very good idea, nice piece of work!
+1 Reply
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