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JonasBenjaminFriedrich

Potential Shortswing coming in USD/JPY keep on WL

U.S. Dollar / Japanese Yen (FX:USDJPY)  
JonasBenjaminFriedrich  
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Harmonic Patterns Wave Analysis USDJPY correctivestructure ABC
2
0
trendanalysis harmonicpatterns waveanalysis usdjpy correctivestructure abc
A interesting setup with a good chance to risk ratio could play out in the USD/JPY. I expect this pair to be in a corrective channel making a 3-wave corrective structure to the upside. Once we reach the highlighted target area the pair should be observed more carefully. Please dont make an entry blindly there needs to be confirmation in the smaller timeframes as well as in the price action. As of now its just something for the WL.

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