AbhishekHSinghCMT
Short

USDJPY- Look to fall in 4th Wave till 102.75

FX:USDJPY   U.S. Dollar/Japanese Yen
135 1 5
USDJPY- Falling in 4th Wave -expected 102.72 - Rising Trendline broken confirms that retracement has started from highs of 103.74

This move likely happens to A-B-C corrective move so Stops have to be strictly above 103.75 for targets 102.75


USDJPY- Possible Triangle since 98.78 Lows
Trade active: 21:09 Hrs 6th Oct2016

Small stop at 103.69 -saved -as expected UJ will make new highs above 103.74 once stop was taken in 103.69 - UJ made a high@104.09
A small topping out process is on cards- longs should careful.
Best Regards,
Abhishek H. Singh, CMT
India Regional Manager
http://in.tradingview.com
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India Markets-BSE, NSE chat room- https://in.tradingview.com/chat/#b4sFOMIVqPkq8gfQ
Stops to be modified & kept at 103.69 -swing high. Price going above that will carry it to new above 103.74
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