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ahelfensteijn

JPYUSD Third leg M in production

Short
U.S. Dollar / Japanese Yen (FX:USDJPY)  
ahelfensteijn Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
Chart Patterns Wave Analysis JPYUSD Bearish Patterns priceaction sellsetup fibonnaci
8
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chartpattern waveanalysis jpyusd bearish priceaction sellsetup fibonnaci
Daily Chart:
Price action is touching higher timeframe trendline en will have higher probability to come down again.
Also M in production to produce its third leg down.
With Fibonnaci in place, my projection TP is back down to the 100% fibonnaci.
Wait on Price action on the 1 Hour Time Frame. (Sell position)
Trade closed manually:
Way jump up; Not updated yet this trade.
Strongly against idea
Comment:
What a price impact due to virus impact on the markets???
Finally the M is created.
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