Long USDJPY Longterm Based on Elliott Waves

This research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits.

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Comment:

We are now fast approaching the lower trend line and will be looking at multiple time frames.

Trade closed: stop reached:

Stopped out on this one. I may re-enter, will monitor this for now.

Trade active:

Re-opened from 109.0x and closed for 200pips profit ahead of the NFP today.

Trade closed manually:

We may re-enter next week depending on price action.