VasilyPonomarev
Short

nice potential short dollar yen

FX:USDJPY   U.S. Dollar / Japanese Yen
279 5 13
IF the market reached 101.6-101.7 zone we have
great opportunity to sell the market
short will be based on:
1. bearish trend
2. test of bearish trendline resistance
3. fibconfluence
4 bearish butterfly pattern

Comment: Our pattern is completed
Short position is opened
Comment: Dodji?
Comment: T1 reached!
thanks Vas , i missed it, was in bed, I'm still targeting the 1.618 ext which should come in play tomorrow evening when it retests the established 3 month downtrend line...
+1 Reply
Great chart as usual, thanks very much fo sharing
+1 Reply
thank you for your support!
Reply
lots of dollar strength...DXY targeting 96.80 Gartley which ties in with your butterfly and a similar butterfly on USDCAD.....I will short my dollar trades there because 96.80 is strong resistance/downtrend line on DXY...i can't see any complex patterns in the other direction...my crab must be invalid by now
+1 Reply
VasilyPonomarev Trendhopper
Look
Butterfly is completed
So we can sell
Reply
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