USDJPY Trading Idea
So if you missed the first entry which is too risky and I understand why you probably shouldn't
and that is fine. Do not chase it down but wait for it and a small ABC (abc if you are an Elliott gal.
Wait for this move in green which should look like an abc and place a sell order in the red circle area.
Of course this is only a hypothesis so we can't be certain when this move (pattern) will happen or
what price range, this is just to help you understand how to cultivate patience, and create a trading
plan and not "chase" the trade. By the way, pretty good analysis huh?
and that is fine. Do not chase it down but wait for it and a small ABC (abc if you are an Elliott gal.
Wait for this move in green which should look like an abc and place a sell order in the red circle area.
Of course this is only a hypothesis so we can't be certain when this move (pattern) will happen or
what price range, this is just to help you understand how to cultivate patience, and create a trading
plan and not "chase" the trade. By the way, pretty good analysis huh?
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