USD/JPY

27 thg 9, 2019

Trend: Inverted H and S breakout
Time frame: 1 and 4 Hour

Look for a retest of the neck line, i'm placing an order there with a tight stop

27 thg 9, 2019

Ghi chú

edit, entry on chart should be between 107.84 and 107.92

28 thg 9, 2019

Ghi chú

Price dipped just slightly below the 0.618 level that I was expecting. On the weekly TF (see below), price tapped the 0.318 area and weekly stochastic is starting to turn bearish. Short term trend up may continue for a bit, but overall I think we may head lower if this area fails.

30 thg 9, 2019

Ghi chú

Price is testing the neckline, if a break above occurs than i will keep my trade open, if not i will close immediately. USD has been strong against other currencies for a few days and especially today, but JPY has also been pretty strong today so downside my be around the corner