FxCanli
Short

USDJPY / H1 / Technical Chart

FX:USDJPY   U.S. Dollar / Japanese Yen
Yesterday I shared this Analysis




And at that one, I dont really trust to that wedge and, couse of that I put Sell Stop order for it


but know I update the Wedge pattern and there is no any sell stop order for it

I am Planing to enter the trade if it break and close the support line of the wedge pattern

if you have different analysis, please share at Cooments

wish you many pips, thanks alot
Comment:


StopLoss level
Trade closed: stop reached:

Stop out -95 pips

Week is end, January we have 1620 pips profit
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i'd wait until around 110.23 to go short
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Great idea on usdjpy, glad that we have similar bearish bias. Please take a look at our idea and let us know what you think.

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It's currently retesting resistance within the last hour or two. Chances of it going down by my eyes are pretty good.
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hi
i wish to understand more from an economic point of view. If the US stock market is still bullish, why are people rushing to buy yen? If they do,then this pair will go south as you anticipated. Thanks
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This wedge pattern and the volume shows the perfect set up for a break down. Yes body, even fibo. Is perfect here. 80/20 chance pair will continue down
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The best, the only #fxcanli
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@imresg, Yor're welcome :)
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can u have a look My Chart ?

+2 Reply
FxCanli Baburali95
@Baburali95, Thank you very much
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Looks good FxCanli!! #FxCanliStudent
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