jadeee

USDJPY potential abcd completion

FX:USDJPY   U.S. Dollar/Japanese Yen
108 9 6
potential abcd completion but no clear structure
so will not take trade even if there is a reversal
Your taking the trade up?
Reply
jadeee TradZ
No orderflow is to the downside. waiting for the abcd completion and reversal at that point.
for possible short position
Reply
TradZ jadeee
Ok just checking and I believe it will head to 103.2@least if your observing the Daily chart. I hold until then. Ppl talking 101 but I believe 103:)
Reply
TradZ TradZ
Will not reach 103 today obviously but I believe it will shift there
Reply
jadeee TradZ
Sure everything is possible.
i just trade what i see at this moment. if price makes a nsh i will wait for an pullback and enter long.
but at the moment orderflow remains to the downside on my chart.

not making it to complicated.
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TradZ jadeee
Now your confusing me, I thought you had stated orderflow was not to the downside? I can clearly see downtrend on Weekly but daily seems to be shifting to the upside for a bit
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jadeee TradZ
on my chart as you see above orderflow is to the downside. i never said something else right?

i was just commenting on your statement about the longterm of the daily chart.
Reply
TradZ jadeee
ok I had to re-read your 1st reply:)
Reply
TradZ TradZ
Ok, by re-observing the daily chart, I see where ppl are getting the idea of 101+ then looking out for a reversal. I can clearly see this! I missed the major pullback bounce off support but re-entered LONG going for 101.272. Have a great wknd :)
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