USDJPY: Are You Prepared For This Drop? We Are...Now +240 Pips

Current Status: SHORT Profit: + 240 pips

Did you catch that drop? It wasn't hard to catch. And if you know what is in store for this pair coming and you sold like we did, you could be in for some MAJOR PROFITS! As for us, we are already in profit by over +240 pips from our trade.

The reason we took the trade is because in my analysis of this pair, I saw that it is very likely that we just saw a flat correction complete which I labeled a completed wave (x) of a larger wave (X). Which means that what we are seeing happening now is a wave (y) of the larger (X). If you can see the BIGGER picture, you can see why it is that I've labeled it this way. And you can see how our trade could easily be worth a WHOLE LOT MORE in profits! But don't get the wrong idea that it's going to keep dropping straight down. It won't. Which means that there will be another GREAT opportunity to get in on this coming drop. And when that opportunity appears, we'll be in position to take FULL advantage of it and increase our profits. Remember, markets change and change often. That is why I continuously monitor and adjust my analysis to reflect the changing markets. PM me to get the latest updates.