TradingView
jimmy_highwire
Mar 21, 2017 5:31 PM

UJ on a two way street Long

U.S. Dollar/Japanese YenFXCM

Description

since breaking and retesting the long term uptrend (yellow tl) UJ is forming a potential HnS
114.1 has been a level to beat since it served as resistance on the left shoulder
now the blue arrow serves as my guideline to decide if i'll go long or short on UJ

i would love to see a retest of the green tl above 114.61 on a break maybe a retest of the long term yellow uptrend around 122 in confluence with previous top

my bias is long atm,... but i'm not willing to lose the farm on that bias,.. if it breaks 113.33-113.00 i'll short

Comment

some typo's apparently occured,.... sorry
114.1 should be 114.61
113.33-113 should be 111.33-111
Comments
Gino
I hate this business.
jimmy_highwire
@Gino, yet,... here we still are...............:-)
Gino
@jimmy_highwire, This might hit 110 soon.
More