USDJPY - SHORT -STOP/ENTRY/TP

2020-01-01 03:53:36

MISSED ENTRY FROM THE TRIPLE TOP OVER LAST COUPLE OF DAYS. BEAR MACD PLAYED OUT RESULTING IN THE SELL OFF SHOWN ON THE 4 HR.
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4HR CHART

OVER EXTENDED. WAITING FOR A PULL BACK TO THE 382 FIB LEVEL.

I DON'T THINK THE PULL BACK TO THE 50 EMA WILL HAPPEN GIVEN MOMENTUM LOWER. IT WOULD BE GREAT IF IT DOES, BUT THAT WOULD ALMOST CAST

DOUBT ON THIS RUNNING LOWER. COULD VERY MUCH TIGHTEN UP THE STOP AND ENTRY IF IT HAPPENS.

WAITING ....
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1% POSSIBLE