zptugrik
Short

USDJPY short by Elliot theory

FX:USDJPY   U.S. Dollar/Japanese Yen
By Elliot theory we already had 3 up waves and 2 correction waves (magenta arrows) up moving. And now we are on the down moving (black arrows). And now are ready for last downside wave. Resistance level is blue rectangle . So probably i'll in on 103.00

TP1 - 102.400
TP2 - 101.750
TP3 - 100.570

If price will cross top green line, it will cancel this forecast

thank you and any comments are welcome
mujunaeem
5 months ago
But this would not work if the US jobs data comes positive as predicted.
Reply
zptugrik
5 months ago
yes, it's coreect, that's why i've draw top green line :)
Reply
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