cashmachine01
Short

USDJPY Wave 3 Breakout SHORT

FX:USDJPY   U.S. Dollar/Japanese Yen
Trade Journal

Possible setup, a 0.618 retracement of the past impulse wave (2) A break to the downside should see a target of 1.618

The channel contains a 3 wave structure on the 60.

Use good money management and stick to your own strategy. This is for my trade journal only.
This setup has become a triangle structure. Look for a break to either side to trade.
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