Hey guys, not took to many trades this week myself like i said at the start of the week im just waiting for a clearer sense of direction... ive had a couple of intra day trades stopped out this week on EUR/USD & EUR/GBP but left my swings in play...
So...USD/JPY...I love this set up!
Monthly
Failed to put in a new higher high currently in line with the previous high from 2007
61.8 Fib from swing high to swing low of the complete monthly move
78.6 Fib from the swing high below that level
March finished as a spinning top
Weekly
MA's are about to cross on tomorrows close
Potential spinning top weekly close
Daily
Head & Shoulders Pattern
Shooting star potential close
61.8 Fib confirmed from previous high
MA's still bearish
4 hour
Broken Trendline
Closed below major support
Evening Star candlestick formation
1 Hour (execution chart)
Double Top
Price rejected the 120.000 even handle
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