glennmercer

USDJPY Elliott Wave Rally: Triangle Breakout

Long
FX:USDJPY   U.S. Dollar / Japanese Yen
Hey traders! Looks like we have a triangle complete and ready to rally on the 30m TF. Here is a set up that capitalizes on the bounce off of wave-E of the expanding triangle. This one should be moved to B/E quickly as the rally should be a quick impulse. SL can be placed below root of wave-i on the lower TF. More updates to come, stay tuned

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