Update Trade plan 04 October 2016

USDJPY Daily

-Daily chart Price Action Price broke through the monthly cluster pivot point heading to monthly pivot pint(MM3) which is our sell zone Stochastic is currently heading to the overbought zone Market The 55 and 21 Moving average indicate a bearish market trend

USDJPY H4

-H4 chart Price Action Price just broke through the WR1 pivot point and heading to the WR2, A 61.8 bounce is predicted with price forming a double top plus a double bottom Stochastic is at the overbought zone Market The 55 and 21 moving averages indicates a bullish market forming

USDJPY H1

-H1 chart Price Action Price broke through the 101.84 psyc level which was predicted as the last level of a possible role reversal which simply means that the is a high possibility of a reversal Market The 55 and 21 Moving average cross has occur that indicates a bullish market Planed Entry Looking for price to get to the 102.500 psyc level followed by a double top on the H1 or Lower Low

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