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

12. Juli 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. Juli 2017

Trade wurde manuell geschlossen

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. Juli 2017

Anmerkung

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

20. Juli 2017

Anmerkung

26. Juli 2017

Anmerkung

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. Juli 2017

Anmerkung

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

15. Aug. 2017

Anmerkung

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

18. Aug. 2017

Anmerkung

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