So per my previous idea, USDJPY is finally falling, price right now is at 1st blue which is support level and is a 1st TP level.
I think that this is a 3rd wave move, so I expect price to move lower to 2nd blue line atleast, which is my TP for this 3rd wave, but price can go lower to fibonacci level 1,618. If price will rach 2nd blue line, I will search for another sell entry and will wait for 4th wave.
Good luck and trade safe!
I think that this is a 3rd wave move, so I expect price to move lower to 2nd blue line atleast, which is my TP for this 3rd wave, but price can go lower to fibonacci level 1,618. If price will rach 2nd blue line, I will search for another sell entry and will wait for 4th wave.
Good luck and trade safe!
Trade closed: target reached
