The pair continue moving down, my next target is at 122.20.
- #58,725
- Dec 9, 2015 8:00am Dec 9, 2015 8:00am
Congrats on the trades guys .. was in the wrong trade 2 times (my mind is somewhere else) and right trade 1 time but in the wrong direction lol ... Just to share how accurate fib levels are .. was buying into the fib 50. {image} It might try to reach next target 122.38-ish ... or will I see a retracement on H1? Time will tell ..
{image}
is 121.30 possible?
- #58,731
- Edited 12:29pm Dec 9, 2015 11:18am | Edited 12:29pm
- Joined Feb 2014 | Status: Trader | 1,796 Posts
Rethink on USDJPY:
Present wave [4] correction is bottoming while overlapped wave [1], thus forming expanding diagonal . May resume uptrend on [5]
Present wave [4] correction is bottoming while overlapped wave [1], thus forming expanding diagonal . May resume uptrend on [5]
Elliott Wave for optimum entry, exit and risk management of trades
