ElvisG

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Markets Allocation
100 % forex
Top Mentioned Symbols
USDJPY 66% | 2 GBPJPY 33% | 1
ElvisG ElvisG USDJPY, D, Short ,
USDJPY: SHORT USD/JPY
116 0 3
USDJPY, D Short
SHORT USD/JPY

USD/JPY is hitting resistance level and on friday showed weakness, but there still might be a little retracement on the upside, to 50 - 61.8 FIB level (1 hour chart), where to open position. First profit target is at 1.618 extension which correlates with previous support/resistance levels. Second profit target is at previous support. Due to US election and ...

ElvisG ElvisG USDJPY, 15, Short ,
USDJPY: Short on USD/JPY
51 0 2
USDJPY, 15 Short
Short on USD/JPY

It would be possible if Labor Market Conditions Index will come out negative. And also there is formation on Stochastics, which previously has played out well.

ElvisG ElvisG GBPJPY, D, Long ,
GBPJPY: Reversal on GBP/JPY
57 0 3
GBPJPY, D Long
Reversal on GBP/JPY

Reversal in progress hitting 0.618 FIB retracement and stochastics crossing on upside. I set 3 targets on 1.618; 2; 2.618.

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