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ABCD pattern and C wave of a Zig Zag
U.S. Dollar / Japanese Yen
Long
ABCD pattern and C wave of a Zig Zag
By iSummer
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Updated
Apr 5, 2017
1
7
Apr 4, 2017
two things happening here:
A gorgeous ABCD pattern and the possible completion of the B wave of a Zig Zag.
Both would indicate a long is in order for USDJPY.
Entry now or wait for further confirmation of the long, I have a stop order at 110.600
TP1 around 111.300 with is full of levels
TP2 111.910
Apr 5, 2017
Trade closed: target reached
First TP reached
Apr 6, 2017
Trade closed: target reached
Good trade.
AB=CD
USDJPY
zigzagcorrrection
iSummer
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