1801 USDJPY , waiting for the start of 3rd wave
The buyers's target zone , so you can join the long trade without consideration SL, targeting max 200 pips up there.
But we wont do that beacuse it has a great channce for UJ drop down any time out of expeactation.
We love to see the bottom of this candlestick will be retest in the future.
Or the purple support zone to be test that would make max 450 pips to sellers.
But sellers also need to find a way to make your risk under control.
We expect USDJPY will drop again for its 3rd wave, so we decide not to buy it for its 2nd wave but wait for the start of wave 3 down .
Less is more!
But we wont do that beacuse it has a great channce for UJ drop down any time out of expeactation.
We love to see the bottom of this candlestick will be retest in the future.
Or the purple support zone to be test that would make max 450 pips to sellers.
But sellers also need to find a way to make your risk under control.
We expect USDJPY will drop again for its 3rd wave, so we decide not to buy it for its 2nd wave but wait for the start of wave 3 down .
Less is more!
