BudWiser
Short

USDJPY possible 56 Pip move

FX:USDJPY   U.S. Dollar/Japanese Yen
looking at a potential ABC correction with about a 56 PIP move to point C. Will go short after a candle under candle confirmation and further price action at the open.

SL @ 101.165
TP 1 @ 100.548
TP 2 @100.381

Thanks for viewing
Bud
Trade closed: target reached
Beautiful trade
Reply
glennmercer PRO glennmercer
Targetted the 1.618 projection, I like it. Ever target the A=C Level? A lot of times their confluent. Actually, they're confluent precisely when B is a .618 retracement of A which is quite common.
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