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:
Trade 2:
Trade 3:
Trade 3 VIP Setup:
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:
Trade 2:
Trade 3:
Trade 3 VIP Setup:
Want more chart ups like this? Click the links below:
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Forex VIP: t.me/WicktatatorVIP_bot
Free Telegram: t.me/Wicktator
Forex VIP: t.me/WicktatatorVIP_bot
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Want more chart ups like this? Click the links below:
Free Telegram: t.me/Wicktator
Forex VIP: t.me/WicktatatorVIP_bot
Free Telegram: t.me/Wicktator
Forex VIP: t.me/WicktatatorVIP_bot
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.