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hqiao
May 25, 2017 3:35 AM

USDJPY Short 

U.S. Dollar/Japanese YenFXCM

Description

Chikou-span Trading under Cloud

Small future Kumo Cloud resulting in Kumo twist indicating Volatility Squeeze

Price Action bounce off Senkou-span B resistance

Wait for TK-cross before shorting

Target 1 @ Senkou-span A (bottom of the cloud)
If price actions continues lower breaking the cloud then
Target 2 @ AB=CD (smaller AB=CD)

Extended Target 3 @ Larger AB=CD
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