USDJPY ANALYSIS Short

U.S. Dollar/Japanese YenFXCM

Description

⋅ Aug 18, 2016 4:45 AM

USDJPY ANALYSIS

I believe there are more opportunities on this SHORT move.

It seems that we are mid way through a wave 3 on the Minute period?

I've opened one single position to trade wave 3 or possibly through to wave 5.

Trade active

⋅ Aug 18, 2016 4:55 AM

Please note that on this particular trade, I'll be moving my SL progressively through the trade, just as soon as the next low is reached.