USDJPY LONG (short term) Long

U.S. Dollar/Japanese YenFXCM

Description

⋅ Sep 8, 2016 7:21 AM

- Possible long on USD/JPY with corrective wave 4 of elliot wave
- possible target profit of 38%/ 50%/ 62% of fib. retracement from wave 2 to 3
- or wait for corrective wave to finished at the given level on the chart upon candle confirmation on a smaller timeframe

Trade active

⋅ Sep 8, 2016 7:26 AM

price entered at 101.59.

Lets see how the market reacts

Trade closed: target reached

⋅ Sep 9, 2016 2:23 AM

target profit reached at 50% fib retracement.