USDJPY Strong Sell Setup

FX:USDJPY   U.S. Dollar / Japanese Yen
Looking at USDJPY             we have too many factors showing to sell this market. After a massive fall price started recovering having having completed three patterns. An abc corrective pattern, a bearish ab=cd and a bearish gartley . A strong bearish divergence with RSI is adding to our thoughts to go short with this one. Finally we can see that price broke the lower parallel of the wave c channel.

Stoploss and profit target as shown at the chart.
Shame you didn't sell higher. But still good one.
Wide stop though...why so wide?
Fxprotrader IvanLabrie
Well the ideal level for stoploss would be just above D point of the harmonic. I placed a little higher only to be safer. I tend to add to this and trail my stoploss. I expect a strong move to the down..
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