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TAS_is_Goliath_Capital_Growth
Nov 13, 2016 4:01 PM

USDJPY still correcting. No short setup yet Short

U.S. Dollar/Japanese YenFXCM

Description

USDJPY still correcting. No short setup yet but I'm keeping the short bias.
Comments
gcnst91
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
@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
@tas, So you look to enter short when that support blue line will be crossed, I believe. Thank you.
TAS_is_Goliath_Capital_Growth
@PamphiljAssetMgmt, that will be my confort area with a stop at the head
piptamil
Thanks Tas...
TAS_is_Goliath_Capital_Growth
@piptamil, thank you :)
Yassine
Guys, I think it's time

TAS_is_Goliath_Capital_Growth
@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.
fxmoneycontrol
It's a good sell now with 108.32 stoploss
TAS_is_Goliath_Capital_Growth
@fxmoneycontrol, still not time man, I'm waiting on some divergence.
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