AlexxChan
Short

USDJPY Bearish Divergence

FX:USDJPY   U.S. Dollar/Japanese Yen
4 months ago
USDJPY             is showing some bearish divergence. With prices hovering around the 76.40% region and prices losing steam to break higher. I expect prices to head down to around the 61.8% region.
4 months ago
Comment: Prices are hovering right at the support region. Let's continue to monitor it
4 months ago
Comment:
snapshot
4 months ago
Comment: Prices still ranging at the the resistance region

snapshot
4 months ago
Trade closed: stop reached
4 months ago
Comment: I know a lot of people got stopped out of UJ. Could it be a bank push? possibly. Let's continue to monitor this interesting pair and learn from past mistakes.

snapshot
den_
4 months ago
thanks for sharing your ideas!
+1 Reply
AlexxChan den_
4 months ago
No Problem, anytime!
Reply
SunRiseZoneFX
4 months ago
USDJPY Updated Scratch Setup 7/18/2016 1 Hour Heikin Ashi Chart
+1 Reply
Nshan
4 months ago
dear Alex. in my opinion your SL should be at least at 107 . my selling position would be at 106.62 with 61.8 fibo and h4 strong resistance.
Reply
Nshan Nshan
4 months ago
sorry , daily strong resistance!
Reply
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