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KickStartTrading_Chris_Guzman

USD/JPY 15-min sub-crown confirming potential Cap "BlackJack"

Short
U.S. Dollar / Japanese Yen (FX:USDJPY)  
KickStartTrading_Chris_Guzman  
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Wave Analysis Chart Patterns USDJPY usdjpyshort Fibonacci Retracement kingscrown-reversal
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trendanalysis waveanalysis chartpattern usdjpy usdjpyshort fibonacciretracement kingscrown-reversal
USD/JPY has just recent created a bearish sub-crown on 15-min, just awaiting confirmation of right-shoulder establishment.

Caps are down with a max. 86% retracement, so I am LT bearish on this anyway, but the presence of the bearish sub crown confirms this sentiment. I am looking to short on rallies to the 15-min 1.18 (and new sub-crown's anticipated 1.618, as well)
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