UnknownUnicorn676689

UnknownUnicorn676689

Pitforked by Wolfes. Quick trade idea for nifty gain

UnknownUnicorn676689

USDJPY is at crucial point of make or break it. Already touching 0.382 retracement from June 2015 highs. I think we are done for this year but its worth waiting before taking any action. Aggressive traders may open a sell order with stop around 111 for a target of 103.5 or a buy order with a stop around 107.5 and target of 111-115

UnknownUnicorn676689

I am SHORT !!! Multiple signs of weakness in all USD charts - I will try and post all charts with major pairs

UnknownUnicorn676689

Short USDJPY at Market all the way to 106.5 with a STOP @ 107.5 Target is around 100.5 or even 99... if 99 cannot be saved then you will see 96 in long term. Estimated time of completion is 1-3 months.. could be very quick trade and within a week as well

UnknownUnicorn676689 Updated 

DISCLAIMER: I am short since 103.75 and adding more (averaging) at every pivot high / false breakouts (zero volume/no news) I see 100 in mid term and below 95 in long term and will remain short.. for a quick trade (2-4 days). Here is an idea... sell NOW - Stop at recent pivot high 104.90 and Close at 103.50

UnknownUnicorn676689 Updated 

I see multiple bearish waves forming in the various time frames. The easiest and smallest one is for 100-150 pips and can take the pair back to 103.25-103.15 levels. The next wave upon breach of 103 level can take us down to 102.75 and below that we may see 101.35 again