USDJPY currently sitting at 110.580 , and is on the 4th wave of an Elliot 5-wave.
The 4th wave portion is currently sitting at the 0.382 retrace (good entry, this is my only entry at 0.05 lots). Alternatively, you can have partials at the 0.382 , and partials at the 0.50 Fib retrace.
Stop loss can be set anywhere below the half level (110.500) and take profit is at the upcoming whole level (111.000)
**DISCLAIMER** Trading comes with risk. Do not interpret this as a 100% accurate trade, this is simply my analysis based off the best Forex Education and Signals Platform.
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