Wave-Trader

USDJPY Watch lower time frame breakout and look for sell

Short
OANDA:USDJPY   U.S. Dollar / Japanese Yen
Hi there,

USDJPY is still on correction we are looking for this correction to finish and resume the bearish trend for big fall.

Lets come to the point

How you can trade on this chart.

1. There is a 15 minutes time frame correction watch for that correction to breakdown and continue the bearish trend and complete the ABC move for bearish trend.

Or

2. Let the price test the previous high and then look for sell from previous high.

Good Luck


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