WaveTalks

USDJPY---Bang On for 2nd leg up till 109.74 from 109.51

Long
WaveTalks Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
4
We make another 15 pips booking in between 109.55's to 109.74 as expected in short term retracement update & now final leg down again in the zone 109.45--109.48 to complete 3 waves as expected. Vow
Trade active:
Keep stoploss 109.85 for final leg down in the zone 109.45--109.48...Regards
Trade closed manually:
We shall close short taken @109.74--109.75 Book minimum loss@109.78... Regards,
Comment:
If you are ready for some fun & can take risk of 7-10 pips again then one can go short in 109.78--109.80 with strict stoploss@109.86...Targets shall remain same 109.45--109.48
Comment:
If you want book here partial 10 pips one can but trail your stoploss at cost 109.78 for targets 109.45--109.48. Regards
Comment:
it went very very close to 109.78...High was 109.778...
Comment:
If your stoplosses not hit in current down leg which was at cost-109.78...Kindly change it to 109.82(small double top).

Best Regards,
Abhishek H. Singh
​Growth Director - TradingView India

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