WXYXXZ

How to trade zigzags

Education
FX:USDJPY   U.S. Dollar / Japanese Yen
This post is short. But important.

1. identify a directional move (impulse)
2. wait for a correction (our case - a zigzag , a three waves move)
3. draw a corrective channel/ Trend line
4. wait for the breakout
5. wait for a flag. In this example - zoom in to m5 - and see the abc (flat, 3-3-5 structure)
6. buy the breakout

Simple.
Need patience.
This is the A+ entry point
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