UJ short after remarkable climb

Looks like a 12345 up is complete, and into a resistance zone.
Expected either an ABC correction, or a full blown 12345 impulse down (which could be the A of a bigger ABC)
Watching for now, waiting for signs of Yen strength or Dollar weakness

Always risky to trade against the trend and the trend has been strong.....

評論:

Currently watching for break below new daily pivot, retest and rejection for possible signal

評論:

Revisiting Daily Pivot. Waiting for break and retest

評論:

Pivot broken, waiting to watch behavior now.

交易進行:

Entered short while phone in grocery store :)
I think this first impluse down will end at 110, and bounce.
Will watch the bounce to decide to get out with profit or to ride for bigger target.

評論:

Should be pretty close to making the final leg down of this micro impulse.

評論:

This wave 4 (if that is what it is) has me nervous

評論:

I think my microscopic wave count may have been wrong. maybe w5 done and in ABC now?

手動結束交易:

Trailing stop hit. Got some profit anyway.
Until next time UJ !!! I will get you yet :(