yihett321

yihett321

based on fibo is risky.

yihett321

RSI show over brought, so up side movement is limited. Wait for a strong down impulse and correction to join the trade.

yihett321

waiting from down side impulse and correction

yihett321

Possible down then up

yihett321

if this is impulse, after a correction, buy it

yihett321 Updated 

1 close to long term trend line, 2 MACD div, 3 RSI over sold. First target is trend line.

yihett321

MACD show div. Since it is like corrective wave, it probably has one more up move. see price action in upper circle and trendline. If break trendline sharply, then wait for flag. if drop from upper trendline, then wait for 1st impulse and corr to join down trend.

yihett321 Updated 

Because MACD div, RSI over brough

yihett321

rsi show ob. lsince this looks like impulse, when flag enter

yihett321

i

yihett321

when hit flat top,sell it

yihett321

Because daily RSI show ob which point to more down wave. Any impulse correction will be sell

yihett321

will continue to down until hit the pattern bottom line. Since there is still some room in daily RSI, RVI

yihett321

4H RSI, RVI show there will be a up side move. MACD will move up to 0 line. Therefore, it will have 4h size flag or flat.

yihett321

will go to 0.7027

yihett321

USDJPY short for Gartley pattern

yihett321

It reach the upside of triangle. And 0.618 area. Target 102.18

yihett321

After reach 44.60, then long.