USDJPY ANALYSIS - SHORT
USDJPY ANALYSIS - SHORT
It seems a Wave C is in progress on the minuette period?
MACD also shows divergence on the 4H from the last Wave iii (Minuette Period) ?
I'm looking for a fibonacci entry on the 0.618 (just below the daily pivot/resistance), to trade the rest of this wave C
I have booked 2x Sell Stop/limit to trade 1/2 and full length of Wave C.
It seems a Wave C is in progress on the minuette period?
MACD also shows divergence on the 4H from the last Wave iii (Minuette Period) ?
I'm looking for a fibonacci entry on the 0.618 (just below the daily pivot/resistance), to trade the rest of this wave C
I have booked 2x Sell Stop/limit to trade 1/2 and full length of Wave C.
Note
Once price action retraces the fibo and the 3x MAs are confirmed, the trade will be activated.Trade active
Fibo entry point reached, trade activated
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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.