Short USDJPY all the way to 95.15 Short

U.S. Dollar/Japanese YenFXCM

Description

⋅ Aug 18, 2013 8:01 AM

USDJPY is in downtrend (correction) because it's correction wave (blue) overlap together, the final impuse wave (red) support to be equal to 2 first impulse wave, and run in to strong support area (near the beginning of the strong up trend).

Support zone: 95.15 - 94.45

Comments

Cadman10

⋅ Aug 18, 2013 5:59 PM

I like this idea.