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zoneofbasem
Sep 9, 2022 6:13 AM

USDJPY short  Short

USD/JPYOANDA

Description

There are two possibilities

The first
to make down move to TP1 area and then break the last top

The second
a bearish wave without breaking the top and make correction within TP1 and TP2

In both cases, we are making down move to TP1
I always advise those who have experience and were not able to sell from the top to wait for the retracement wave and can enter the 50%-60% areas as happened in the SP500 chart

TP and SL positions have been identified on the chart

good luck

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Trade active

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here is my setup
make sure to have SL

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in the second zone i add one moe short trade

Trade active

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nice move from the box !

close the half and the SL on the top of the box

we will see if there is this wave will make new top

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move the SL from the top of the ox to the last top

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all trade should be at BE

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from here we might have correction f
so taking profit its best thing todo
i will wait for the correction then and i wll look for chance to jump

so its TP area ✍(◔◡◔)
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zoneofbasem
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