USDJPY - Pull back on 2° Elliott wave
This is not easy trade (high risk), the 2° elliott wave can be flat or with a low rebound.
In any case the momentum has a divergence and the price is going to test the trend line where is born the rally.
only if it break this trend line there is possibility for retest of support area to 0,61% fibo of top
fix stop above the top.
This is not easy trade (high risk), the 2° elliott wave can be flat or with a low rebound.
In any case the momentum has a divergence and the price is going to test the trend line where is born the rally.
only if it break this trend line there is possibility for retest of support area to 0,61% fibo of top
fix stop above the top.
Trade closed: target reached
T1 closeTrade closed: target reached
T2 closeTrade closed manually
T3 Close with a little pips less (-10)Trade closed: target reached
trailing stop profit on going .. probably the price can be go down under 109 until 108,5after that could be restart e new long leg ...to be wait
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.