usdjpy 8h short from point C advanced xabcd setup
Updated
🔸usdjpy 8 hour chart overview with xabcd advanced sell setup, speculative setup.
This is an advanced entry xabcd setup in progress, recommended strategy is to short sell from
resistance once we max out near point C this may take 6-12 days. currently the pattern structure
got point X/A/B confirmed, point C/D still require confirmation.
🔸The xabcd pattern is defined by point X at 128.20, point A at 137.20, point B at 130.20,
point C at 135.30 and finally point D at 125.50 based on 127 extension.
Point C/D is in progress, not confirmed yet, therefore this is a higher risk setup.
🔸Recommended strategy for USDJPY: bears should look for price to max out near point C
at 135.30 and look for a reversal trade entry, SL over point A and conservative TP based
on fibonacci of the latest price swing will be set at point D, which is 125.50.
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RISK DISCLAIMER:
Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
This is an advanced entry xabcd setup in progress, recommended strategy is to short sell from
resistance once we max out near point C this may take 6-12 days. currently the pattern structure
got point X/A/B confirmed, point C/D still require confirmation.
🔸The xabcd pattern is defined by point X at 128.20, point A at 137.20, point B at 130.20,
point C at 135.30 and finally point D at 125.50 based on 127 extension.
Point C/D is in progress, not confirmed yet, therefore this is a higher risk setup.
🔸Recommended strategy for USDJPY: bears should look for price to max out near point C
at 135.30 and look for a reversal trade entry, SL over point A and conservative TP based
on fibonacci of the latest price swing will be set at point D, which is 125.50.
🎁Please hit the like button and
🎁Leave a comment to support our team!
RISK DISCLAIMER:
Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
Note
usdcad 8h swing trade setup best level to buy/hold
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💎solana meme coin algo based
⚡️signals based on whale activity
📕and trading course for 10x-25x
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🏧to the next level join us today
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