vlad.adrian
Short

USD/JPY Possible AB=CD

FX:USDJPY   U.S. Dollar/Japanese Yen
368 1 1
This is my first published chart. We can see that today a doji has been formed near the 50ma, and we can expect a reverseal, and an AB=CD formation. Support levels are the 61.8% fib and the 100% fib. The target for the formation is the 161.8% fib. If the day closes like this, depending on the price action tommorow we can enter short. A rally tommorow over 98.600 would invalidate this setup
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