TradingView
Realisto_FX
Jan 5, 2017 12:22 PM

USDJPY Correction in sight : Double Top ?  Short

U.S. Dollar/Japanese YenFXCM

Description

Good morning traders,

USDJPY seems ready for a correction, after formation of double top. We should see 114.335 in the next few days

6 Trading Rules :

1. Never add to a losing position .
2. Don´t be the first to buy low and sell high ., and don´t be the last one to exit
3. Think like a fundamentalist, trade like a technician .
4. Keep your analysis simple
5. Start small and increase exposure when trend is confirming your analysis
6. The hard trade is the right trade

Regards

Josep Pocalles

Trade active

Taking 50% profits and remaining position to B/E

Trade closed: target reached

Nice trade !
Comments
OgonjiS
or it could be the end of the correction and ready for a move up
Realisto_FX
@OgonjiS, let´s see , it should returnfirst above 50 MA
DavidPascucci
Nice Trade!
Realisto_FX
@DavidPascucci, Thanks for the feedback !
More