USDJPY Short Trade Idea
Following the previous week's 3rd wave impulse move by UJ, this is the update on the end of the third
wave and the possible beginning of the 4th wave pullback. At the very same time, it appears that a
cypher harmonic pattern is underway. I am looking to capitalise of the CD leg of the harmonic pattern
and then later take on the 5th wave to complete the impulse move.
Let me know down below about your views on UJ for the coming week, it may be a very interesting
move.
Targets:
- 104.450
- 104.340
wave and the possible beginning of the 4th wave pullback. At the very same time, it appears that a
cypher harmonic pattern is underway. I am looking to capitalise of the CD leg of the harmonic pattern
and then later take on the 5th wave to complete the impulse move.
Let me know down below about your views on UJ for the coming week, it may be a very interesting
move.
Targets:
- 104.450
- 104.340
Trade active
Trade closed: stop reached
Stop loss hit
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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.
Disclaimer
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.