USDJPY: Wave & Median Line Analysis Show Sell

FX:USDJPY   U.S. Dollar / Japanese Yen
USDJPY             is in a downtrend, with price having broken below a corrective structure after an impulsive wave to the down. It's now in a consolidation testing a slide parallel of a downslope median line . At that level we may go short with stoploss and profit targets as shown at the chart. If price reaches the first target, move stoploss at BE to the second position.
Trade closed manually: Price has broken way above the slide parallel and it'not clear any more where it will head. We close the trade manually with a tiny profit.
Old Yeller speaks in one hour....
Fxprotrader Rocketman
Yes i know, but i don't really care about the news. I closed this because of the structure it developed
fxfxfx Fxprotrader
tricky triangle! better structure-safe than sorry ;)
BrayanRush Fxprotrader
Yes but sometimes the manipulation news affect. But better we wait but a best view.
or an inverse h n s?
fxfxfx profprof
I am watching the triangle to see in which direction it breaks
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