U.S. Dollar / Japanese YenUpdated USDJPY - Capitalise On These Moves!
USDJPY is currently in a 5 wave impulse for wave A. We are now looking for Wave 4 correction. In Elliott Wave Theory, Wave 4 tends to retrace to the 38.2 fibonacci.
We expect wave 4 to start now and finish end of July at which point we'll look for a reversal for wave 5.
Trade Idea:
- Enter on lower timeframe trendline break, BOS
- Stops above highs after trendline break
- Targets: 141 (400pips), 139 (600pips)
Goodluck and as always, trade safe!
We expect wave 4 to start now and finish end of July at which point we'll look for a reversal for wave 5.
Trade Idea:
- Enter on lower timeframe trendline break, BOS
- Stops above highs after trendline break
- Targets: 141 (400pips), 139 (600pips)
Goodluck and as always, trade safe!
Note
Running +300pips Trade closed: target reached
Short Targets Achieved +650pips
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Forex: t.me/Wicktator
Crypto: t.me/Crypto_Wick
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Want more chart ups like this? Click the links below:
Forex: t.me/Wicktator
Crypto: t.me/Crypto_Wick
Forex VIP: t.me/WicktatatorVIP_bot
Forex: t.me/Wicktator
Crypto: t.me/Crypto_Wick
Forex VIP: t.me/WicktatatorVIP_bot
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.