USDJPY Daily Chart.Looking to sell the abc correction
Hi guys ,
I am looking to sell the rally of USDJPY after this big impulse.
Price is on the descending trendline , where a Bearish Bat is formed. Fifth wave may end for an abc correction to follow . RSI(14) is overbought.
If we break up the trendline, we will watch for a flag to confirm the move up.
Take care
I am looking to sell the rally of USDJPY after this big impulse.
Price is on the descending trendline , where a Bearish Bat is formed. Fifth wave may end for an abc correction to follow . RSI(14) is overbought.
If we break up the trendline, we will watch for a flag to confirm the move up.
Take care
Note
took a while, but first target hitNote
Expecting drop 
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Related publications
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.