Wave-Trader
Short

USDJPY Sell setup Moving amazingly Look at past charts please.

FX:USDJPY   U.S. Dollar/Japanese Yen
2572 4 66
I am expecting sell setup from channel line. This channel is changing pattern from bottom. I will look for buy setup from bottom. Remember break up will invalidate the idea.
Comment: So far we are in the structure and we have formation of reversal channel watching for price action under trend line. In case price break trend line we may have change in structure but looks like less likely. Here we got the update.
snapshot
Comment: Reversal channel showing its power breakdown at any time is possible if price push up to trend line thats gonna be ideal sell place watching closely.
Comment: Here we got the breakdown of reversal pattern.

snapshot
Comment:
USDJPY Expecting longer term change in trend
Comment: This is how sell breakdown pattern form.
Comment: watch for clear break up dont jump early and dont try to pick the running candles.

snapshot
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good
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Good Luck MindTrader
+1 Reply
MindTrader Wave-Trader
Thanks Brother.
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