USDJPY sell setup

U.S. Dollar/Japanese YenFXCM

Description

⋅ Jun 15, 2016 8:31 AM

USDJPY is in a daily corrective downtrend. This wave down is showing signs of an upmove to come but first is seem like one more down short term impulse. Selling the breakout seems like a good idea.

Trade with care.
thank you for your support.

Comment

⋅ Jun 15, 2016 5:14 PM

Elliott Wave

Comments

yeocs93

⋅ Jun 16, 2016 4:11 AM

so is it time for the up move?

TomPower

⋅ Jun 16, 2016 5:33 AM

Looking at all these thank yous, I don't get it, how did this help?

yeocs93

⋅ Jun 16, 2016 6:00 AM

the set up shows the future direction, but would be useful if it can be more specific

BlackGold-Hedge-Capital

⋅ Jun 16, 2016 7:28 AM

Learn a lot from master Anil,look at the big picture always,its really important and helpful,thanks a lot!

biancaclive

⋅ Jun 16, 2016 9:48 AM

Thank you seem like Wave 1 is equal to wave 5 to come to 104. Will put in a pending order to buy when it spike up. Very Nice Chart.

AnasHelios

⋅ Jun 15, 2016 5:16 PM

fomc?