chicobin

USDJPY Short Opportunity for scalpers..

FX:USDJPY   U.S. Dollar/Japanese Yen
19 0 2
UJ is advancing its CD wave and might completed at 1.618% @ 110.482 and given us a good opportunity to enter short at this point. Wave might also extent up to 2.618% @ 112.00 which sound too ambitious. Entering short at 110.482 and placing a stop loss at slightly above intraday resistance ( 111.350 ) is my idea for this pair.
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