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melvinljw
Apr 5, 2018 3:52 AM

Short USDJPY, Elliot Waves  Short

U.S. Dollar/Japanese YenFXCM

Description

After putting in a five wave move upwards, prices seem to be correcting as a flat (3-3-5).

Looking for wave 2, to correct back to 105.7 levels as wave C of the flat. (We will look to establish longs near (105.4-105.7), for a resumption of the uptrend.

Short : 106.95
Stop : 107.45
TP : 105.7
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