USDJPY - 3 Massive Swings Completed. 4th Swing Ready...

1927
USDJPY has been providing us with big swing opportunities. Our last public post resulted in a 1200pip take profit!

We are now on the verge of getting our 4th big swing setup.

We are in a 5 wave impulse at the moment, indicating that we are in a Wave A (of wave 2) as opposed to a wave 2. This is why we are anticipating price to create an abc correction for wave 2 in the form of 535 zigzag.

Trade Setup:
- Watch for rejection of the fib level
- Confirmation can be the break of the red trendline or any other reversal signs such as BOS
- Targets: 148 (950pips), Hold position and taper as we move lower

We'll update this setup if we get enough engagement.

Goodluck and as always, trade safe!


Trade 1:
VIP - USDJPY - LONG


Trade 2:
VIP - USDJPY - SHORT


Trade 3:
USDJPY - Ready For Another 2000pip Trade?


Trade 3 VIP Setup:
VIP - USDJPY - LONG



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