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USDJPY
13 years 4 months ago #1485
by Jackozy
I'm now looking to short this from 81.78 as that's natural resistance and a good place for a wave 5 top.
dl.dropbox.com/u/20815047/USDJPYdaily15_11_12.gif
I'll have a look at downside targets when a top has been confirmed, but it should retrace more than 50% of the whole move if it's going to continue to follow EWT as it seems to have done (with a few minor anomolies).
dl.dropbox.com/u/20815047/USDJPYdaily15_11_12.gif
I'll have a look at downside targets when a top has been confirmed, but it should retrace more than 50% of the whole move if it's going to continue to follow EWT as it seems to have done (with a few minor anomolies).
The following user(s) said Thank You: remo
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13 years 4 months ago #1494
by KI
Yes got back in at a higher level than i wanted, i thought there would of been a stronger pullback first. The reason for getting back in was/is the fibbo target which i first mentioned a few days back circa 8260. KI.
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