eurjpy 8h xabcd short rips/rallies tp point D

Hey guys, here's an advanced setup in eurjpy 8h.
xabcd with x/a/b/c already complete, will be
targeting point d at 133.30. recommended strategy
is to short sell rips/rallies, bears will target re-test
of 133.30 to complete the xabcd pattern setup.
Here's the overview of the structure:
x at 136.00, a at 146.50, b at 138.25, c
at 144.40 and point d at 133.30.

Advanced pattern entry strategy, also this is a swing
trade setup so do not expect TP to get hit fast, will
take more time.

Previously I recommended to short sell near 143.80.
this trade is still running and is valid.

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Yorum:

dump it