Longs and shorts In #USDJPY Elliot Continues in its action
Diupdate
Hey guys as yen performed last week +trend+sentiments+ongoing fundamental +technical +theory +principle gave us the target on Long @113.01 targeting 80 pips @113.81 .
Second trade today we will be looking if chances allows us to short UJ at same level where we will close our long @ 113.80/90 we will have stop loss for that short entry at 114.11 which is above .38 fibbo level
and target for that short you could hold it longer but the trade of short may continue till next day targeting 111.62.
I am still bearish on USDJPY .so any modification I have to keep update of that .
Wish You best Luck for the day .
regards,
Dipak Z
Second trade today we will be looking if chances allows us to short UJ at same level where we will close our long @ 113.80/90 we will have stop loss for that short entry at 114.11 which is above .38 fibbo level
and target for that short you could hold it longer but the trade of short may continue till next day targeting 111.62.
I am still bearish on USDJPY .so any modification I have to keep update of that .
Wish You best Luck for the day .
regards,
Dipak Z
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feels great when we look back at our analysis and hard work.
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