jwfglass

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100 % forex
Top Mentioned Symbols
USDJPY 100% | 4
jwfglass jwfglass USDJPY, 60,
USDJPY: USDJPY 4 tier fib levels reference
26 0 3
USDJPY, 60
USDJPY 4 tier fib levels reference

Red = 2011-2015 Fib (125.715H/75.706L) Black= 2016 Fib (123.798H/98.783L) Green = July/Aug 16 Fib (107.469H/99.524L) Blue = Jackson Hole Fib (102.391H/100.052L)

jwfglass jwfglass USDJPY, 15, Short ,
USDJPY: USDJPY consolidation at apex
55 0 3
USDJPY, 15 Short
USDJPY consolidation at apex

Looking at possible bearish pennant and continuation lower

jwfglass jwfglass USDJPY, 15,
USDJPY: USDJPY 75 pip zone of price moves
32 0 4
USDJPY, 15
USDJPY 75 pip zone of price moves

Looking at this area of the chart you can see the numerous times the price has jumped through to either side. I count at least 12 times the price moved about 75 pips on the 1 or 3 minute charts. More of an observation of price zone than anything.

jwfglass jwfglass USDJPY, 240, Short ,
USDJPY: USDJPY trends I see
82 0 4
USDJPY, 240 Short
USDJPY trends I see

The news for the week will potentially have an impact. Given the 3 trends, I'm thinking we will stay within either or both the long and mid term trends. The short term trend is most likely to be broken given the history of retraces/corrections during the long term trend. Probably short this week, depending on how market looks over holiday. At least my best guess ...

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