TomBurgoine

USDJPY Short set up

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
1
ABC formation completing. Buy short on the breakout of the support. for extra confirmation go short once the price range of wave B has been exceeded in the short direction. Once the price has dropped lower than the wave 5 price range, move stop to break even.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.