USDJPY: this is just a retracment only

Traders:

See the big pic, UJ now is in a retracement wave from YELLOW C, which is EXT FIBO 1.27 of last wave.

And after pulling back to X( last support hopefull become resistance now) ,
we are expecting EXT FIBO 1.414-2.0 as our tp zone.

Less is more!

Commento:

Commento:

same, waitng entry at 110.

Trade attivo:

110.3

Commento:

this is long position.

Commento:

there are two plans for uj, long it to x, then short to Y.

Commento:

70 pips for the first long trade.

Commento:

Commento:

This trade is good.

Commento:

Gm, guys.
Our first plan to long uj hit tp1 :112.

Commento:

UJ hit x exactly and then drop from there,
which made our tp1 for long trade (above) hit.

Commento:

Commento:

UJ is not going to break down the channel.

Check my new update idea about UJ for a long trade.

Commento:

Commento:

Short uj again, when rehitting 110.1 which now turning to a resistance now.

Commento:

Commento:

BTW, our short trade entered at 110.1 ,
Now making 180 pips.

Trade chiuso: obiettivo raggiunto

Commento:

108.54 closed.

110.1-108.540