USDJPY Short

Hello ladies and lads, hope u all are doing great.

Based on Elliotwave theory, we probably are right at the end of B of ABC correction pattern. But yet still we do not have a sign of a reversal at the time, but i can see there is a high chance that we see reversal signs that confirm this story for our USDJPY.

I have left the tools that i have used to find a Time and Price PRZ, the square that is RED, on the chart itself so you can hover over and see what i think is happening here.

for the last thing, it is nice to mention that DT oscillator in Daily time frame is in Over Bought situation.

I would be glad to hear your ideas on this Idea of mine. and feel free to ask your questions.

thanks for your time.

Good luck

Trade active:

there is a good trade :) if u opend your positions, its better to risk free them.

have a good time,

Good Luck!

Trade active:

this baby is going down right now,

my trades are still open but i may close them before the market closes for the weekend.

Trade closed: stop reached:

Stop loss has been activated.