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U.S. Dollar / Japanese Yen
Short

USDJPY Possible Short-Term PUT

89
USDJPY is possiby set up to be in the A correction wave. Watch for possible support around 103.14 price level and rebound to 161.8% Fib level/supply zone or correction all the way down to 100% Fib level. Will take a short position after price closes below 50 MA.
nickmusey
Elliott WaveFibonacci RetracementUSDJPYusdjpyshort

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Elliott WaveFibonacci RetracementUSDJPYusdjpyshort
nickmusey

Related publications

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.