Greeting traders, i see a buy setup comming in 1h chart for the USDJPY. we are going up as an impulse wave , wave 5 is comming. i spect it to break the low for more upside
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you can follow it in lower timeframes for mor details. i do it and Works perfect.Note
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B waves are complex waves , they develope as wxy structures, you have to knowhow to trade it, they are very risky. the strategy has to support each trade in this
up pull back
Trade active
Trade closed manually
break even trade. my strategy demands me to close it as break even . now price action shows more down side. it still will go up but not for now.If you know patterns and how market moves, will be safe.
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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.