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original_moneyflow_trader

another cup & handle forming on usdjpy

Long
U.S. Dollar / Japanese Yen (FX:USDJPY)  
original_moneyflow_trader Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Beyond Technical Analysis
8
4
trendanalysis beyondta
based on wave analysis this is my forecast, noticed how gold also formed a larger cup n handle but it failed, and then invalidated the previous handle support
Trade closed manually:
took profits, waiting for wave 4 to present a short entry!
Comment:
Im seriously considering shorting on wave 4 before market close, Have to expect news after markets close or over the weekend in an environment like that. At best, you have to give the world an update to the status of the Coronavirus.
Trade active:
scaled into a short position for wave 4, will hold over the weekend. Will add more on a break of 107.5
Comment:
covered my short on usdjpy back to long based on wave 4
Comment:
closed long position
Trade closed manually
Comment:
long re-established
Trade active

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