Upcoming correction ahead

18 בדצמ׳ 2016

We have a very beautifully market constellation. The price reached the 1,618 extension of the privious bearish leg. The 0,382 retracement of the current bullish leg is exactly the previous leg. Thus, I look for a confirmation of a upcoming correction to go short. Taking RSI into consideration, it shows divergence already.



What do you think?
Your Likes much appreciated.

19 בדצמ׳ 2016

עסקה פעילה

19 בדצמ׳ 2016

הערה

JPY shows some weakness after strong bullish movements since beginning of November. I am going to increase my position with next possibility and good Risk/Reward-Ratio. However, trading correction might be mind stressful.

20 בדצמ׳ 2016

עסקה פעילה

21 בדצמ׳ 2016

עסקה פעילה

Increased my position. The opening of the UK-stock will be important.

22 בדצמ׳ 2016

עסקה פעילה

Break of the last low.

27 בדצמ׳ 2016

עסקה סגורה: היעד הושג

First target reached.