When people are scared it seems they rush to JPY more than USD.
I thought the backtest of the breakout of the downtrend line was the signal and bought it, but it got pushed right down to the 61.8% fib line, which was my previous target.
See it's 79.131 on the chart below, and the low was 79.132.
I reckon it would be a much better price to enter long now.
Will FB provide some grace to the market tonight? We'll see, a lot of the liquidity will be poured into FB. Might be a bounce then FB gets the shorting and US market falls further, Volt says SPX 1290, Red's chart indicates DOW 12200.
Cheers all.
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