TheJustinArroyo

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Joined TheJustinArroyo
Markets Allocation
100 % forex
Top Mentioned Symbols
AUDJPY 33% | 1 EURCHF 33% | 1 USDJPY 33% | 1
TheJustinArroyo TheJustinArroyo PRO USDJPY, 15, Long ,
USDJPY: USDJPY Descending Wedge Long Entry
54 0 7
USDJPY, 15 Long
USDJPY Descending Wedge Long Entry

Prices impulse wave has created a descending wedge pattern. We are looking for a correction or a retest of the previous high for the Peak formation of the correction on the Day chart.

TheJustinArroyo TheJustinArroyo PRO AUDJPY, 15, Short ,
AUDJPY: AUDJPY Bat Harmonic Completion
58 0 9
AUDJPY, 15 Short
AUDJPY Bat Harmonic Completion

Price has completed 3/4 of the ratios of the Bullish Bat Pattern. A sell is in order to the .886 to officially complete the pattern and we will take a long entry from that point up to the .382 of the CD leg because we are in an overall downtrend, im not looking for major pips in a correction.

TheJustinArroyo TheJustinArroyo PRO EURCHF, 60, Short ,
EURCHF: Euro Swissy Short Trade
14 0 1
EURCHF, 60 Short
Euro Swissy Short Trade

As history is said to repeat itself, we should be seeing a huge drop in the E/S currency trade. I would set my stop loss just at the previous structure resistance and see what happens.

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