USDJPY ZigZag Long Trade Setup - Potential x3 RR
Hi Traders! It has been a while here. Check out my current trade setup on USDJPY.
What's your view on UJ? Let me know in the comment.
Thanks,
Veejahbee.
- Price has completed a simple zigzag which might be part of the circled wave iv potential triangle pattern.
- Wave c equals a and it's also testing the lower boundary of the parallel channel.
- The breach of the upper green level will be our conservative entry.
- Market has presented an early entry from the lower green level.
- The price must stay above the red invalidation level for this setup to remain valid.
What's your view on UJ? Let me know in the comment.
Thanks,
Veejahbee.