Short USDJPY

Estimated entry:$112.03-112.1
Tp1:$111
Tp2:$109.3
Tp3:106

Trade active:

1st entry:$111.84

Comment:

The high is $112.02, my pending order for 2nd entry has no chance to be active:)

Comment:

finally my pending order at $112.03 was effected

Comment:

tp 1: $111 reached!
4H chart update: Waterfall just started, testing support $110.8-110.2, down trend is continuing with no doubt. Hopefully will hit $109 in near future

Comment:

Update 4H chart: Sell when $111.5 rejected, or sell after breaking out $110.8 and pull back.

Comment:

Daily chart update:
bearish trending continue obviously, heading next tg:$109.1, final tg for wave E will be $106-105.8

Comment:

AB=CD, D target: $107

Comment:

next u-turn point likely will appear 4 hours later, estimated entry:$111.5-111.6

Comment:

it started to drop timely

Comment:

will see waterfall soon

Comment:

no doubt will hit109.3,close the gap, then finally 106 is possible

Comment:

4H chart update: see h&s pattern, next tg:$109.8

Trade closed manually:

profit taken already. today will bounce

Comment:

4H chart:
Tp2:$109.3reached!! gap closed.

Comment:

daily chart update: AB=CD,D target:$106.9-107

Trade active:

109.9

Comment:

4H chart update: bounce to test the resistant level and continue to drop

Comment:

4H chart update: AB=CD, D tg:$108.21,conflunced with fibo tg:$107.52 exit.

Comment:

4H chart update:

Comment:

Heading tg:$108.2
1H chart update:

Comment:

1H chart update: see H&s Pattern, has broken the neckline, go short after retracing $111.25-111.35, for TP1:$110.6-110.4,TP2:$109.7

Trade active:

111.3

Comment:

4H chart update:
Likely going to test 111.2 level, if broke, will test110.4, bo 109.1 will continue to drop for wave e

Trade active:

shorted 111.72

Comment:

tg:$111.2-$110.4-$109.1

Comment:

added 112.335

Trade closed manually