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MEX_Exchange
Oct 30, 2017 2:47 AM

USDJPY reversing perfectly, remain bearish for a further drop 做空

U.S. Dollar/Japanese YenFXCM

描述

Sell below 114.00. Stop loss at 114.54. Take profit at 113.16.
Reason for the trading strategy (technically):
Price has dropped absolutely perfectly from our selling area as expected and is fast approaching our profit target. We remain bearish below 114.00 resistance (Fibonacci retracement, horizontal overlap resistance, big figure, bearish divergence, ascending support break) as we expect a strong push down to at least 131.16 support (Fibonacci retracement, horizontal overlap support).
Stochastic (55,3,1) is seeing strong support broken opening a drop to the downside which has massive bearish potential.

交易结束:到达目标

boomshakalaka
评论
boon86
very good. thanks.
Dyrus_Liu
Good.Would you like to move stop to break even when you get 1:1 risk and reward ratio?
LuckyLaki
Holy MAMAMIA!!!
MEX_Exchange
@LuckyLaki, Mamamia!
sesecakdu
Do you ever consider the fundamental perspectives of USDJPY?
MEX_Exchange
@sesecakdu, not a lot :)
fukebecto
Do you focus purely on TA or do you also consider FA, MEX_Exchange?
cizagtom
Hi MEX_Exchange, really respect the analysis you do. What is your take on harmonics?
xhusfio
Thank you for the analysis!
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