I believe USD/JPY is putting in a corrective pattern to the upside. I've been playing small stakes on the bounces here and am looking to take profit on my final position around 103.20 and flip to short. Monday may be a big down day in the US Markets if this count is correct.
James, you were right-on with your call. This could be a good short. I went short on Friday's close. I should have waited!
ReplyDeleteThanks for the good blog....Herm