USDJPY Short Trade Setup
Updated
USDJPY moved as we expected it to. Our long trades made good profit and we are now looking for the entry to the downside. We can see an impulse down to A on the left and then a 3 wave corrective structure up to B which has now broken to the downside. I am looking for a retest of the structure for a short entry where my target will be C which should break the previous low at A. There I will start looking for signs of a reversal and a long entry to the upside where we could see a break of the highs.
Note
Watch the full video analysis for this trade here: youtube.com/watch?v=Q4uHTfE8ktM
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