jadeee

USDJPY potential abcd completion

FX:USDJPY   U.S. Dollar/Japanese Yen
109 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?
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jadeee TradZ
No orderflow is to the downside. waiting for the abcd completion and reversal at that point.
for possible short position
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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:)
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TradZ TradZ
Will not reach 103 today obviously but I believe it will shift there
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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.
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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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