


JonthanvanRooyen
Looking like a nice short setup, at around the 1.34 range, so my sell stop is in place.
I am holding a long term long position, as mention on the chart, the elliott impulse wave has been completed 1-5, now on to the Elliott corrective wave A,B,C ill keep you guys posted with how the trade progresses. My entry point: 1.53931
Possible long term short, with a potential short term buy
The DXY - has hit a level of confluence i expect to see some retracement
So, currently USDJPY is approaching its weekly resistance level, From this a potential short position: I will keep you guys updated as to how USDJPY reacts through out the week.
Enter Short position when the markets open: Sl = Marked in red TP = Marked in green Good Luck ______________________________________________________________________________________________________________________________________________________________ FOR MORE SIGNALS AND ANALYSIS WITH SUCCESS RATE 85% - 90 % FOLLOW MY TELEGRAM CHANNEL t.me
Once it breaks the resistance, i would suggest a long position.
Sell: 1.2390 - 1.2425 Tp1: 1.2350 Tp2: 1.2300 Tp3: 1.2255 Sl: 1.2465