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USDJPY SHORT 950 PIPS!

Short
U.S. Dollar / Japanese Yen (FX:USDJPY)  
Pips-Collector  
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Chart Patterns Wave Analysis USD jpy USDJPY short DXY dollar
18
0
trendanalysis chartpattern waveanalysis usd jpy usdjpy short dxy dollar

USDJPY SHORT

Why are we entering?
- in an ABC correction
- Expecting rejection of parallel channel and fib zone

What is our confirmation?
- Break of WFB

Entry
- Safe Entry; Rejection of fib / parallel channel and break of WFB
- Risk Entry: Entry on rejection of fib / parallel channel

Once entered, where will our Stoploss be?
- Above rejection (30pips)

Where do we take profits?
First TP: 131 (650pips)
Final TP: 128 (950pips)
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