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SteynTrade
Sep 11, 2016 5:42 AM

USDJPY Corrective structure set Short

U.S. Dollar/Japanese YenFXCM

Description

Following the Wyckoff analysis previously shown we are in a corrective structure. Waiting for the mark down to continue. I did not post last week but the previous week we were looking for a test of the top of the structure. This has occurred and we are now again moving to the bottom of the structure. We are now coming to the thin end of the wedge and will start looking for a break of the structure some time around the 21st of September.
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