Hey traders! USDJPY is nearing the completion of a bat pattern. The wave pattern is predicted to complete near the base of wave-i-of-v-of-1, so a stop can be tightly placed below point X of the bat. Also, the TP can be placed at the top of wave-1 which coincides with the top of the bullish channel. This way, we maximize our R/R ratio and get out of the trade immediately if the wave count is invalidated.
코멘트:
Long is technically active, but I will be waiting for an impulse to buy the pullback. Here is the price action on a tighter TF:
코멘트:
코멘트:
Nice Rebound!
코멘트:
If you have not yet entered this one and want to be long USDJPY, here is an idea for entry:
액티브 트레이드
