TAS
Short

USDJPY still correcting. No short setup yet

FX:USDJPY   U.S. Dollar/Japanese Yen
1097 13 34
USDJPY             still correcting. No short setup yet but I'm keeping the short bias.
Logical target is between the 33% and 38.2% retrace from NOV 2015 high somewhere around 107.6 and 108.8 . . . consolidation or a pull back after that and then on to the logical 50% retrace to +-112, where there is a lot of resistance if you look to the left on the dailies. USD looking good for 100+ and the USD seems to like Trump. Taken 500+ pips of this one in the last couple of weeks taking the LONG opportunities.
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It's a good sell now with 108.32 stoploss
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TAS fxmoneycontrol
@fxmoneycontrol, still not time man, I'm waiting on some divergence.
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@TAS, let's see ,I have take. Short at 107.99
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TAS fxmoneycontrol
:) I may follow along the way. Expect some movement at NY market open
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Guys, I think it's time

snapshot
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TAS Yassine
@Yassine, yes it looks so, but I'm gonna let the Asia session through and see what happens at UK open. But it feels like it. Even GJ looks like it.
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Thanks Tas...
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TAS piptamil
@piptamil, thank you :)
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Maybe a good sell now. What do you think? It s on W 38.2 Fib Level and on my RSI is approaching 61.8 level.

snapshot
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TAS PamphiljAssetMgmt
@PamphiljAssetMgmt,
snapshot
It hit the trendline, broke a first low and is making a H&S. On the daily looks like a Evening star might be forming and on the 2H also a evening star. Volume will probably pickup today on US news and with that we might see a move down. If you enter now, expect movement in 4H that might hit your stop or impulse down.
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@TAS, So you look to enter short when that support blue line will be crossed, I believe. Thank you.
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TAS PamphiljAssetMgmt
@PamphiljAssetMgmt, that will be my confort area with a stop at the head
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