another cup & handle forming on usdjpy

Mar 12, 2020based on wave analysis this is my forecast, noticed how gold also formed a larger cup n handle but it failed, and then invalidated the previous handle support

Mar 13, 2020

Trade closed manually

took profits, waiting for wave 4 to present a short entry!

Mar 13, 2020

Comment

Im seriously considering shorting on wave 4 before market close, Have to expect news after markets close or over the weekend in an environment like that. At best, you have to give the world an update to the status of the Coronavirus.

Mar 13, 2020

Trade active

scaled into a short position for wave 4, will hold over the weekend. Will add more on a break of 107.5

Mar 16, 2020

Comment

covered my short on usdjpy back to long based on wave 4

Mar 19, 2020

Comment

closed long position

Mar 19, 2020

Trade closed manually

Mar 25, 2020

Comment

long re-established

Mar 25, 2020

Trade active