USD JPY//SHORT POSITION: now the end of impulse wave 5 and resistance on level 0.382 Fibo. cant cross EMA =100 and 50, it can be rejected and make ABC Elliot wave and have first support on 0.618 level this support and resistance przs are so strong and always can be rejected chat
Note
have RD on MACD indicator and crossing MACDline Up to Low (short signal)
Note
now on the support of Ending wave A and now go for Start wave B
Trade closed: target reached
Target reached chart going up to make b corrective wave properly on B wave make in first picture analysis .then make C impulse wave then market closed:)
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.