USD/JPY - 15th of October 2017
- Weekly shooting star.
- Daily MA break below MA cross overs.
- Hourly 0.5 retracement + 0.382 tested with 4 pin bars + 8 MA
respected.
First target is the Daily support at 111.480. Then I'm anticipating another retracement to the previous swing low before going to my next potential support target - creating a new swing low at 111.256.
- Weekly shooting star.
- Daily MA break below MA cross overs.
- Hourly 0.5 retracement + 0.382 tested with 4 pin bars + 8 MA
respected.
First target is the Daily support at 111.480. Then I'm anticipating another retracement to the previous swing low before going to my next potential support target - creating a new swing low at 111.256.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.