michael6malone

USDJPY will likely break below the $102.64 level.

Short
michael6malone Mis à jour   
FX:USDJPY   Dollar Américain / Yen japonais
2016Sep10 The price will likely continue down to $102.26 and possibly as low as $101.69.

The 61.80% level falls below the support area at $102.51.
The price keeps hammering at the 102.64 support level and will likely break through.
Unlike the drop from $102.52 to $102.07 there are no bullish candles at the bottom.
The RSI is headed down.
Commentaire:
I would place the stop at 102.98.
Commentaire:
I am still waiting for the window to close.
Commentaire:
The window has closed I am now short. Target of 102.26 and a stop at 102.98.
Commentaire:
Target reached. Now waiting on a retracement to the 38.20% level.
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.