Upcoming correction ahead

18 Ara 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 Ara 2016

İşlem aktif

19 Ara 2016

Not

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 Ara 2016

İşlem aktif

21 Ara 2016

İşlem aktif

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

22 Ara 2016

İşlem aktif

Break of the last low.

27 Ara 2016

İşlem kapandı: hedefe ulaştı

First target reached.