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.
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.