USDJPY- FRom 104.15 Highs looking for ABC structure
Updated
From the highs of 104.15 - we saw the fall till lows@103.53 -Now this could be A-wave & we can have B-wave going close or slightly above 104.15 to trap, but likely below 103.53 it continues & will go & test 103.35 below that level - it should test -102.70-102.75.
The zone of 102.70-102.75 can be strong zone for buying if that zone holds also note if 102.70-102.75 fails to sustain then there could heavy selling in USDJPY.
Happy Trading & Be careful in taking risk after all trading in financial markets is risky.
Regards,
Abhishek H. Singh, CMT
The zone of 102.70-102.75 can be strong zone for buying if that zone holds also note if 102.70-102.75 fails to sustain then there could heavy selling in USDJPY.
Happy Trading & Be careful in taking risk after all trading in financial markets is risky.
Regards,
Abhishek H. Singh, CMT
Trade active
19:20 Hrs 7th Oct2016Done 150 pips in all. Position closed between 102.85-102.90
Best Regards,
Abhishek H. Singh
Growth Director - TradingView India
YouTube Channel youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw
Twitter Handle
twitter.com/TalksWave
Telegram Handle
(Deleted)
Abhishek H. Singh
Growth Director - TradingView India
YouTube Channel youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw
Twitter Handle
twitter.com/TalksWave
Telegram Handle
(Deleted)
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