Short to 119,354

FX:USDJPY   U.S. Dollar / Japanese Yen
323 8 14
Bearish divergence....Possible retest to MA200 / break triangle TL...Second target 116,104...
Trade active: Dark bearish engulfing / dark cloud cover candle on the weekly /monthly chart....
Trade active: Possible up to MA50/100
Comment: Will go to the 122,300
Trade active: Flirting with stop loss
Trade closed: stop reached: Out....
Comment: Will re-open trade if price goes "fast"under MA50/100
Trade active: Down to lower triangle and possible breaktrough....So take first profit on the lower triangle TL
Trade active: Retest/pullback
Trade active: Target one right on the eye !!!
Trade closed: target reached: Target two almost on the datapoint....
I do agree that there is a upcoming fall, JPY was very strong last week. But we need to be caution with fed hike ahead.
johan.verm Piet.Hein
Agree with you.Wish you a good trading week...
Piet.Hein johan.verm
Thanks! I wish for you too, good trading and great profits ;)
nice analysis thanks
johan.verm forex.zahran
Thanks friend..
thanks Jay
KayJay johan.verm
Your welcome My friend :)
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