USD.JPY scalp short into Reversal? based on ONE line: $ 110.025

2020-02-07 07:39:18

Attempting a scalp short which if survives might catch the reversal.
Market sentiment has been "Risk-On" so shorting this pair a bit risky.
But as we know, risk sentiment can flip instantly given some "news".

No targets yet, but will watch each of the Blue fib lines for clues.
IF the move progresses down, I will make measurements and a new plot.
Until that time I will trail the Stop one fib behind the price at any time.


$110.025 is NOT some random number, it is THE number for UJ, see this plot:
https://www.tradingview.com/chart/USDJPY/Q7nrvuAv-Ordered-Chaos-every-Time-Frame-displays-its-Ripples/