SHORT USDJPY
Currently USD is looking weak, after the first impulse and scooping reaction of the ray line on the 4hr, I'm look to enter on the continuation correction.
potential for a +10%
ray line of the inflection area is first area of profit. New market day is about to start in an hour so will wait for an entry as I do not want to be taken out prematurely by the spreads.
price is hovering beautifully and is a text book falcon impulse correction.
Beautiful bear candle close on all time frames here. just sitting and waiting for the close.
Currently USD is looking weak, after the first impulse and scooping reaction of the ray line on the 4hr, I'm look to enter on the continuation correction.
potential for a +10%
ray line of the inflection area is first area of profit. New market day is about to start in an hour so will wait for an entry as I do not want to be taken out prematurely by the spreads.
price is hovering beautifully and is a text book falcon impulse correction.
Beautiful bear candle close on all time frames here. just sitting and waiting for the close.
1hr - tight flag with plenty of doji (good sign of a continuation after a very strong impulse move.