USDJPY short
Updated
On the bigger picture we´ve completed the 5 wave structure to the upside.
The 5 wave also completed 5 waves in lower timeframe.
There is a good chance that the price will correct the hole move or will drop to break the low.
In both scenario the is a high potential of pips we can collect.
On the 15m chart we already got a reversal Impuls + correction for downside.
For this reason I placed a entry order below the low as posted in the comments.
The 5 wave also completed 5 waves in lower timeframe.
There is a good chance that the price will correct the hole move or will drop to break the low.
In both scenario the is a high potential of pips we can collect.
On the 15m chart we already got a reversal Impuls + correction for downside.
For this reason I placed a entry order below the low as posted in the comments.
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