Parabolic High Risk (PHR) Alert – Usd/Jpy

November 20, 2014 at 3:58 pm Leave a comment

At 118.65 Daily RSI 75.89 and RSI Weekly 73.53
PHR suggest parabolic top. May go higher, may not, but it suggest at this level, having a long position is at high risk status. A possible 500-600 pip drop from its high is a normal precedence.

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Entry filed under: Phisix's Closet (PSEi).

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