TradingView
11021992
21. Febr. 2017 08:21

USDJPY: Short at the fib fest Short

U.S. Dollar/Japanese YenFXCM

Beschreibung

Hi traders,

On the USDJPY we have a potential reversal zone at the confluence of the 50% Fibonacci retracement, the 127.2% Fibonacci extension, the 141.4% Fibonacci extension ahd the 200% Fibonacci extension.
Do with it as you please :)

Good luck!

Order storniert

Entry missed by a few pips.
Kommentare
OleksandrSnitko
I believe: not missed
that should be some drop!
I expect it to be started from 114.05 level.
might be not bad s-term abc sell inside B wave.
11021992
@OleksandrSnitko, I still think the drop is coming soon. I'll check the charts again tomorrow for a new setup :)
OleksandrSnitko
@OleksandrSnitko, just move ur fib projection to local bottom.(wave 4 end) like wave5=wave1. (u will get 114.05)
11021992
@OleksandrSnitko, Show me a chart brother
OleksandrSnitko
@11021992, look to the up!
I projected wave 1(friday's bottom - monday's top) on 113.44(wave 4 end)
100% target 114.03. 161.8% 114.41. I did not mensioned 61.8% target.
masiaroa
Do you think 113.82 is a good spot to open shorts? Where will you put the Stop Loss? thank you
11021992
@masiaroa, I didnt see your comment somehow, sorry. Personally I wouldve entered at the 50% Fivonacci retracement, but I think it will break now.
Mehr