USDJPY short

2016年2月17日

No description needed

2016年2月18日

注释

A safer TP would be between 112.300 and 112.550

2016年2月19日

注释

Thanks to this bicktash chart

I was able to see the real target.

Which is the ascending line from this weekly chart


Let's zoom in to 4H, this is the magic line


So 111.700 is the target... BUT I think there is a high probability of breaking that support and push the price down to at least 107.200...

If you want to short I suggest you wait and see if the price bounces from the support drawn on the 4H chart I just mentioned and sell on the 1 hour chart using the 200 SMA as entry

2016年2月19日

注释

SL moved to 113.259 and TP to 111.900

2016年2月22日

注释

I closed my position on friday, a good place to try to go short again is 113.4 with SL above 1 hour 200 SMA