TradingView
iSummer
Apr 4, 2017 10:47 AM

ABCD pattern and C wave of a Zig Zag Long

U.S. Dollar/Japanese YenFXCM

Description

two things happening here:

A gorgeous ABCD pattern and the possible completion of the B wave of a Zig Zag.
Both would indicate a long is in order for USDJPY.

Entry now or wait for further confirmation of the long, I have a stop order at 110.600

TP1 around 111.300 with is full of levels
TP2 111.910

Trade closed: target reached

First TP reached

Trade closed: target reached

Good trade.
More