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faylee
24 mai 2017 03:22

Short USDJPY Short

U.S. Dollar/Japanese YenFXCM

Description

Estimated entry:$112.03-112.1
Tp1:$111
Tp2:$109.3
Tp3:106

Transaction en cours

1st entry:$111.84

Commentaire

The high is $112.02, my pending order for 2nd entry has no chance to be active:)

Commentaire

finally my pending order at $112.03 was effected

Commentaire

tp 1: $111 reached!
4H chart update: Waterfall just started, testing support $110.8-110.2, down trend is continuing with no doubt. Hopefully will hit $109 in near future

Commentaire

Update 4H chart: Sell when $111.5 rejected, or sell after breaking out $110.8 and pull back.

Commentaire

Daily chart update:
bearish trending continue obviously, heading next tg:$109.1, final tg for wave E will be $106-105.8

Commentaire

AB=CD, D target: $107

Commentaire

next u-turn point likely will appear 4 hours later, estimated entry:$111.5-111.6

Commentaire

it started to drop timely

Commentaire

will see waterfall soon

Commentaire

no doubt will hit109.3,close the gap, then finally 106 is possible

Commentaire

4H chart update: see h&s pattern, next tg:$109.8

Trade fermée manuellement

profit taken already. today will bounce

Commentaire

4H chart:
Tp2:109.3reached!! gap closed.

Commentaire

daily chart update: AB=CD,D target:$106.9-107

Transaction en cours

109.9

Commentaire

4H chart update: bounce to test the resistant level and continue to drop

Commentaire

4H chart update: AB=CD, D tg:$108.21,conflunced with fibo tg:$107.52 exit.

Commentaire

4H chart update:

Commentaire

Heading tg:$108.2
1H chart update:

Commentaire

1H chart update: see H&s Pattern, has broken the neckline, go short after retracing $111.25-111.35, for TP1:$110.6-110.4,TP2:$109.7

Transaction en cours

111.3

Commentaire

4H chart update:
Likely going to test 111.2 level, if broke, will test110.4, bo 109.1 will continue to drop for wave e

Transaction en cours

shorted 111.72

Commentaire

tg:$111.2-$110.4-$109.1

Commentaire

added 112.335

Trade fermée manuellement

Commentaires
GeorgeJimas
Agree.
faylee
@Perseus, thank you:)
ultra76
Hey Faylee, what is your idea regarding the last up move? Just testing the upper channel and resuming the downtrend?
Rufio182
Thank you for sharing! Great analysis
CalvinS
Thanks much for the update Fay... it's very reassuring sometimes :)
jer3myFX
@faylee do you think 107 still possible?
salsapete
Gosh... just good analysis.... i'd clap if i wasn't typing..... LOL....
yujingr
price at 111.38 now, will you short again?
waker240
agreed; late to the party though; I have been waiting for that last candle to bounce off the resistance area. Shorted, hopefully it fills the gap. xD
prar30
@faylee still possible to enter this trade?
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