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.