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!
See you on www.twitch.tv/SmokeInTheEye88
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. ...
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.