TradingView
ElliottWaveBelgium
Sep 19, 2018 9:51 AM

USDJPY - Short with awsome Risk/Reward !! Short

USD/JPYOANDA

Description

We are ending this impulsive wave higher in wave C of wave B of wave 2.

Wave 1 is longer than wave 3 therefore wave 5 can not be longer than wave 3 giving a clear invalidation point (stop loss) for this count.

So,

* Entry : 112,32
* Stop : 112,72
* Target 1 : 110,40
* Target 2 : 109,90
* Target 3 : 109,00

Trade closed: stop reached

Stop reached, -39pips.
Nothing much compared to what could had been won.
More