Currently USDJPY is still in a bearish channel, it had a bullish run which completed 5 minute waves. ABC correction is under way. B is likely complete and see is speculative. I will be looking for short opportunities next week to short down to around 107.410.
Please using risk management when trading. My ideas are for personal documentation purposes only, I do not wish to sell signals or teach. If you do not know how to take proper entries on trades please be cautious. My account allows for wide stop losses with affecting my risk management negatively.
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