Price has over extended passes the 127% even though we saw the retracement on the BC being 62%, its in the retracement zone and stoploss is placed above previous high on the structure to the left.
TP 38% / 62%
Trade with care, will monitor this tomorrow
Possible retrace to the 61.8% on the USD JPY afte completing Elliot wave pattern after
the first impulse move, short position from here down to the 127% extension on the H1 chart.
Trade with care!
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Leg has made its move down to the 161.8%, now time for retracement, short the pair around
for a move to the 108.20-108.75 area!
Stoploss above 110 !
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Bouncing of the 141.4% Extension level on the H1, @weekly its targeting the 61.8% retracement.
This is yet again another possible trend continuation area from the weekly view, ill will be watching closely
for a possible inversed HH or an aggressive break of the previous HH and giving LL to find an good entry point. I will follow up this idea with posts. Im yet not...
Reached to of the resistance channel USD CHF, also inbetween the 141.4% and 161.8 SELL ZONE!
D1 giving us a candle! im placing my stoploss above the 161.8%, ABCD Pattern.
TP 38.2 50 61.8 Retracement levels.