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ANKTRADER
Mar 16, 2020 5:28 AM

USDJPY Short Short

U.S. Dollar/Japanese YenFXCM

Description

Last Week USDJPY completed E5 Structure and now its doing ABC Correction A & B are completed already now its will have to complete C leg of ABC Correction.Its a short with big SL as I noticed Big banks are already active in it and prices are moving up and down rapidly.

Currently USDJPY prices are moving around 106.800. in USDJPY BIG BANKS are active already.

It has just broke the strong support at 106.800 and its next target is 104.500 and then 102.200.

For me its a Big short in fact I am in short entry since last friday.

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