I posted EURJPY Swing Short setup as follows.

2015-09-22_14-33-03-EJ1

The price retraced up to Fib78.6%.  So I was worried a little big.  But the result is…  the price nicely dropped and made a new Lower-Low. (See below)

2015-09-22_12-34-10-EJ2

So if you are already shorting, congratulation.    If you want to short this again, I have indicated the possible sell zones above.

Let’s magnify.  Below is M15 chart.

We can sell from Fib38.2-61.8%.  (Sell from WPP is the optional)

2015-09-22_12-41-04-EJ3

The targets are

a) 134.70 ish (Fib 0%)
b) 134.13 (DM1)
c) 133.94 (WM1)

 

FYI, the candles are nicely pushed back down by the clouds on Ichimoku.

2015-09-22_13-22-05-EJ5

2015-09-22_13-22-26-EJ6

 

 

Hope you find this posting interesting.

 

 

YJ Baik – Forex.Today @ Tokyo

 

 

 

 

 

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