#USDJPY bat & crab for short Short

U.S. Dollar/Japanese YenFXCM

Description

⋅ Aug 21, 2014 5:38 AM

2 bearish patterns for short. Bat triggered @103.74, crab awaiting completion, slightly above the 104 even handle @104.05. Look for targets below 103

USD (US Dollar)Bearish Patterns Bat Crab

Comments

BulentCaglar

⋅ Aug 27, 2014 4:03 AM

Do u still short sir?

fximperija

⋅ Aug 27, 2014 5:56 AM

Yes I am, strongly believe in a pullback, so either stop out or some profit.

CristiCristi

⋅ Aug 26, 2014 12:16 PM

Hi Fximperjia,
Could u please update us on this trade idea? Is the structure still valid? SL?

Thank you in advance

fximperija

⋅ Aug 26, 2014 12:19 PM

US Durable goods coming out in less than 15min. Expect good, in fact, very good data. I'd close any short trade, or tight SL, gonna be volatile and UJ might spike up.

fximperija

⋅ Aug 21, 2014 5:56 AM

I believe the crab will complete seeing a very strong structure resistance @104. Many buyers starting to take profit. The high is @103.961 so very close to 104. There's a chance the crab will not complete. However, the large bat has already with a good RR 1:1.5

MoneyTeam

⋅ Aug 21, 2014 5:58 AM

i had the exact feeling too.

MoneyTeam

⋅ Aug 21, 2014 5:44 AM

good... pls update on completion of confirmation.