RKchartest
Short

USDJPY Trade Setup 26JAN16

FX:USDJPY   U.S. Dollar/Japanese Yen
USDJPY             Started a wave 3 by my count. I have entered this trade as a low risk good reward trade. I trade conservatively so I picked the 161.8% of wave 1 as my profit target. This allows us to trade wave C in wave 4 and get into Wave 5 when that time comes.
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