Diagonal formation in USDJPY; Elliotical Approach
Hello Traders!
1. We see a clear 5-wave impulsive move forming a leading/ending diagonal.
2. It could be Wave 1 or Wave A.
3. Targets and stop have been marked on the chart.
Do use proper risk management.
Happy Trading!
Profits,
Market's Mechanic.
1. We see a clear 5-wave impulsive move forming a leading/ending diagonal.
2. It could be Wave 1 or Wave A.
3. Targets and stop have been marked on the chart.
Do use proper risk management.
Happy Trading!
Profits,
Market's Mechanic.
Trade closed: target reached
All Targets Hit!
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.