KVE
Long

USD/JPY: Long from diagonal triangle

FX:USDJPY   U.S. Dollar/Japanese Yen
383 9 15
a year ago
Chart explains it all, I'm long as in the trades shown.
a year ago
Comment: Note the red arrows in case we get a last wave down...

Cypher could be next:
snapshot
a year ago
Comment: Possibility in case we get further down:
snapshot
a year ago
Trade closed: stop reached: Damn, damn, just pips before it took off....
Good one! I'll long above the daily high.
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KVE PRO IvanLabrie
a year ago
Tnx for the comment!

Still a small doubt: if my i and ii are waves 3 and 4 then we could get a fifth and last wave down to about 120.15 completing wave 5... (red arrows)
Will look better if we get above my iv...

Nice Cypher pattern could be forming after that so I might adjust my first target a tiny bit too:
snapshot
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IvanLabrie PRO KVE
a year ago
I will long above your 4th to be safe...I don't know if the wave count is correct but it makes sense to me to see a rebound in equities and USDJPY since the support has held today, when I expected a carnage in the market. (this is a very significant support level)
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KVE PRO IvanLabrie
a year ago
Yep, above 4 sounds great!
+1 Reply
KVE PRO
a year ago
Man SL a few pips lower would've kept me in this nice trade... To be honest I actually put it there because R/R 2 looked better than 1. something... Lesson learned!!
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javivi KVE
a year ago
wow what a bad luck. Next time R/R 1.9 LOL Anyway nice analysis KVE!
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KVE PRO javivi
a year ago
Haha, yes 2.0 is jinxed now ;-)
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P_Parker
a year ago
Nice Idea, I agree. Dont mind that you have been unlucky stopped out. Next Trades will come!
USDJPY - Bounce on the Trendline
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KVE PRO P_Parker
a year ago
Thanks 4 sharing! Yes, already in the next one :-)!
+1 Reply
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