drhus

drhus Updated 

1- Previous support 2- 23.6% of 2013.10.23 high & current 2014.01.24 low 3- 61.8% of current month swing high 2014.1.13

drhus

We probably formed a top @105.44, now looking for continuous strength in JPY across the board in general and to @94 on USDJPY as initial target, and possible support which might turn to be nice opportunity for long targeting a ~112

drhus

long @61.8%

drhus

- Weekly/Daily trend is UP - 50% of major swing on last 6M, hold firm

drhus

My trade is to short @61.8% of all time high/law which is 117,54 SL 126 & TP 82 and happen that channel up & ext. 1.236% at 116

drhus

1. ascending demand line 2. fib 78.6% 3. TD 13th @2013.11.27 4. end of month >> cover shorts Action plan: buy @ 0.9040 targeting ~0.9300, Then sell back ~0.9300 targeting 0.9040 & 0.8500

drhus

Action plan: buy @ 0.9040 targeting ~0.9300, Then sell back ~0.9300 targeting 0.9040 & 0.8500

drhus

1. TD countdown completed 13th on weekly 2. Ascending Trend line