USDJPY setup for zigzag wave c

FX:USDJPY   U.S. Dollar / Japanese Yen
75 5
wave b of zigzag (b) retraced 0.382, could be ready for c, target c = a.
Went long at 0.382. Since wave (b) of a zigzag retrace no more than 61.82%, therefore placed SL 1 pt. under 0.6182.
+1 Reply
thank so much
+1 Reply
Thanks for the analyse TradingEW: i'm going long from 0;5
+1 Reply
TradingEW paulselvan
Great entry!
agree, JPY is next to fail
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