USDJPY Short - Elliot Correction Wave (ABC)

Looks like a possible Elliot Correction Wave (ABC) setup.
Enter with bearish confirmation at B. TP is C. SL above 5.

Not

Looks like we are approaching B. Going to have to keep an eye on it for the next few hours :)

Not

Price is at resistance and still below wave 5. Keeping a lookout for a bearish 1H candle to form.

İşlem aktif

Entered at 1H MACD cross down

Not

SL = 107.1
TP1 = 105.2
TP2 = 104.73

Not

This Wave Analysis is invalid now.
I have moved my SL and TP to match the rising channel.
SL = 106.5
TP = 105.3

İşlem kapandı: durdurma seviyesi

BigPipper

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.

BigPipper