FUNTRADER-Vera
Short

USDJPY: Moving in a BOX!

FX:USDJPY   U.S. Dollar/Japanese Yen
383 3 15
Traders:

Befor the UJ break the box, here is how we trade:

1. following the trend to get down to fibo 618-886. I prefer fibo886 100.547 where you can find a trendline support.

2.long UJ again when hitting the trendline support or close to the buyer zone.
This is the trade hoping up 106.

In the box, UJ is moving in the big WAVE 3 (red arrow) and samll wave 4( green arrow).
Usually, wave 5 can break the box and make a new trend.

Less is more!
Comment:
snapshot
Comment: this two points are important for long trade.
Comment:
snapshot
Comment: UJ getting close to the short trade entry.
Trade active: entry at 104.033
Comment: 30pips now.
Comment: 60 pips
Comment:
USDJPY: WAITING FOR RETRACEMENT  FOR SHORT
Comment: short trader opportunity again.
Comment:
snapshot
Comment:
snapshot
Comment:
USDJPY: PLAN FOR 2ND WEEK OF OCT
Comment: entry:104.2
90 pips now.
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usdjpy SL ???did not shwo correctly
Reply
just make it higher than last top.
Reply
Thanks and advance wishes for big profit.
Reply
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