USD/JPY 12/7/2017 The correction wave in an uptrend

12 thg 7, 2017

I think the price may be adjusted down before rising again
There are some signs of this

On daily chart:
- Gartley pattern appears
- Triple divergence of Stoch
- Shooting star at the resistance. However, this is a weak candle

On H4 chart:


We'll see.

14 thg 7, 2017

Giao dịch được đóng thủ công

I sold as soon as the price just broke the wedge
However, I noticed that buying power is still very strong
With 50/50 chances like this, you need to be safe
Return on capital : 0%

14 thg 7, 2017

Ghi chú

Price is in corrective wave
I Currently have no position this pair

20 thg 7, 2017

Ghi chú

26 thg 7, 2017

Ghi chú

Simple chart by price action analysis methods

On daily chart:
-Morning star appears
-If the pattern is correct then the target is at least 116

On H4 chart:

27 thg 7, 2017

Ghi chú

Stopping buyings position when the throwback price
The pattern does not work

15 thg 8, 2017

Ghi chú

Can be buy buying position again
The price was broken the channel

18 thg 8, 2017

Ghi chú

Although there is a nice set up but I cancel pending buying order
Looking to the other XXX/JPY pairs and Gold, I don't feel really okay