USDJPY 90 pip oportunity ahead!
USD JPY seems to continue going down to 112.50 level. Now is making a 5 weave of III, in the (I,II,… V )Elliott pattern.
Look for a good setup to entry from 113.40/113.65, I think the 113.40 is a really good entry but, on 113.65 there is a strong resistance and a 38.2% retracement from 114.75 to 112.95.
A recommended SET Up could be a cross below of 2 Exponential Movil Overages (10 per and 31per) in 5 minutes.
As I writhing this the opportunity is just about to happen… at 113.25 level.
Have good trades every one!
Look for a good setup to entry from 113.40/113.65, I think the 113.40 is a really good entry but, on 113.65 there is a strong resistance and a 38.2% retracement from 114.75 to 112.95.
A recommended SET Up could be a cross below of 2 Exponential Movil Overages (10 per and 31per) in 5 minutes.
As I writhing this the opportunity is just about to happen… at 113.25 level.
Have good trades every one!
Note
To clarify a comment, the most likely scenario is a Pull back to 113.65 and sell on this level. almost 100 pip trade, right? just be patient with your SETUP.
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.
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.