USDJPY: Swing Sell Happening! AB=CD Pattern

Setupsfx_ Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen

Price is currently in process of making AB=CD pattern; after USDJPY created a record Higher High, most of the traders were expecting price to drop heavy and it just did that. After dropping heavily, price made some correction and formed a AB=CD pattern which is where we can expect price to drop exactly in same amount as A to B made. Our final target is 145-147 which will be somewhere 800-1000 pips. Use proper risk management.
Trade active:
300+ Pips from our entry zone:

8+ Years Of Experience as SMC and ICT Traders. Serious to make real money? Join one of our VIP Group. 800-900 PIPS Weekly, 90% win rate in both groups. 100% Transparency.



The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.