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Markets Allocation
100 % forex
Top Mentioned Symbols
USDJPY 75% | 3 GBPUSD 25% | 1
jakebaty jakebaty USDJPY, M, Short ,
263 0 2
USDJPY Monthly bearish engulfing candle

As can be seen in the attached Monthly chart,the USDJPY pair has closed the month with a bearish engulfing candle pattern. Seeing as this is on a monthly chart this could point to a long term correction down to the 96 region, with stop losses above the 105.xx highs. This provides a 2:1 win/loss ratio on this trade. Another question for EW enthusiasts... Could ...

51 0 0
4 hour bearish engulfing...

Finally a sign of correction?

123 0 0
USDJPY reaching a critical point on the Monthly Chart..

Very interesting period. This line has been a long term support/resistance line. See if it can hold.

jakebaty jakebaty GBPUSD, 60, Short ,
67 2 2
GBPUSD, 60 Short
Head and Shoulders forming.

Nice head and shoulders pattern forming on the GBPUSD...

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