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UnknownUnicorn5158708

USDJPY: Watch For Sell After Correction

Short
U.S. Dollar / Japanese Yen (FX:USDJPY)  
UnknownUnicorn5158708  
FX:USDJPY   U.S. Dollar / Japanese Yen
Elliott Wave Wave Analysis Fibonacci elliotwaveanalysis elliotwaveprojection usdjpysell usdjpyshort usdjpyshortsetup usdjpyanalysis usdjpyidea
8
2
elliottwaves waveanalysis fibonacci elliotwaveanalysis elliotwaveprojection usdjpysell usdjpyshort usdjpyshortsetup usdjpyanalysis usdjpyidea
Hi Traders,

UJ looks set for a big wave to the downside. Price just completed an ABC expanding flat in wave 2 and now we are looking for a wave 3 that could go all the way to 103.90. Use an appropriate stop loss, trade with caution and look to join short positions only when you get confirmation.


Regards
Wave Theorist
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