NFFX
Short

USD/JPY - SHORT

FX:USDJPY   U.S. Dollar / Japanese Yen
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Just another repost of my previous setup but neatened it up a bit!

Monthly

  • Failed to put in a new higher high currently in line with the previous high from 2007
  • 61.8 Fib from swing high to swing low of the complete monthly move
  • 78.6 Fib from the swing high below that level

Weekly

  • MA's are about to cross on tomorrows close

Daily

  • Head & Shoulders Pattern
  • Shooting star potential close
  • 61.8 Fib confirmed from previous high

4 hour

  • Closed below major support

1 Hour (execution chart)

  • Double Top
  • Price rejected the 120.000 even handle

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