USDJPY still correcting. No short setup yet but I'm keeping the short bias.
Comments
gcnst91
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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.
TAS_is_Goliath_Capital_Growth
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@PamphiljAssetMgmt, 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.
gcnst91
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@tas, So you look to enter short when that support blue line will be crossed, I believe. Thank you.
TAS_is_Goliath_Capital_Growth
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@PamphiljAssetMgmt, that will be my confort area with a stop at the head