USDJPY SHORT
Why are we entering?
- in an ABC correction
- Expecting rejection of parallel channel and fib zone
What is our confirmation?
- Break of WFB
Entry
- Safe Entry; Rejection of fib / parallel channel and break of WFB
- Risk Entry: Entry on rejection of fib / parallel channel
Once entered, where will our Stoploss be?
- Above rejection (30pips)
Where do we take profits?
First TP: 131 (650pips)
Final TP: 128 (950pips)
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Want more chart ups like this? Click the links below:
VIP Telegram: t.me/MMFX_VIPbot
FREE Telegram: t.me/MMFX_FREE
Instagram: instagram.com/mmfx__j/
VIP Telegram: t.me/MMFX_VIPbot
FREE Telegram: t.me/MMFX_FREE
Instagram: instagram.com/mmfx__j/
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.