cviera
Short

USDJPY 90 pip oportunity ahead!

FX:USDJPY   U.S. Dollar/Japanese Yen
178 0 5
USD JPY seems to continue going down to 112.50 level. Now is making a 5 weave of III             , in the (I,II,… V ) Elliott pattern.

Look for a good setup to entry from 113.40/113.65, I think the 113.40 is a really good entry but, on 113.65 there is a strong resistance and a 38.2% retracement from 114.75 to 112.95.

A recommended SET Up could be a cross below of 2 Exponential Movil Overages (10 per and 31per) in 5 minutes.

As I writhing this the opportunity is just about to happen… at 113.25 level.

Have good trades every one!

Comment: To clarify a comment, the most likely scenario is a Pull back to 113.65 and sell on this level. almost 100 pip trade, right? just be patient with your SETUP.
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