USDJPY long Idea based on Fibonnaci Extensions: Yen 9 to 4 play
已更新
UJ seemed to keep going up and up and up.
Until it hit the 9.618 extension and fell hard.
Now it is has come back to the 4.236-4.618 band.
Looking for a bounce to next 1 or 2 bands higher.
Elliott Waves indicate one more leg down perhaps.
If we are in wave 4 of 5, then next entry is the 3.618.
This sequence started with an Impulse on Jan 10th.
Since then every x.618 line was confirmed precisely.
The retrace also looks influenced by the same Ripples.
In regards to the Elliott Wave count, it could be either a 1235 or an ABC
This stage is very difficult to guage EW structure as it is 50/50 right now until new data is printed.
Until it hit the 9.618 extension and fell hard.
Now it is has come back to the 4.236-4.618 band.
Looking for a bounce to next 1 or 2 bands higher.
Elliott Waves indicate one more leg down perhaps.
If we are in wave 4 of 5, then next entry is the 3.618.
This sequence started with an Impulse on Jan 10th.
Since then every x.618 line was confirmed precisely.
The retrace also looks influenced by the same Ripples.
In regards to the Elliott Wave count, it could be either a 1235 or an ABC
注释
Another Fib I have been watching is the wave of the drop, which may have ended at the 4.236, a common wave-end point. 注释
So far so good. Time to start taking some profits, prolly close all at the 8.618 if it shows an abrupt reaction .
注释
Still waiting for the 8.618 to see what happens .
交易结束：到达目标
Closed 80% of my longs at the 8.618, and have trailing stop on rest .
相关出版物
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。