EURJPY Short Trade Setup
Hello Traders
One of the options we have here is a 5-wave impulse in the C. If this is the case, the last top should be the end of the 4. That's why I want to take a short trade to hedge it when the 5th wave is over. That being said, the last low can be the end of the bigger correction, and the wave that I labeled with 4 can be the reversal impulse. So, if it makes a correction instead of coming down, I'll take a long trade.
Trade with care.
Bulent
One of the options we have here is a 5-wave impulse in the C. If this is the case, the last top should be the end of the 4. That's why I want to take a short trade to hedge it when the 5th wave is over. That being said, the last low can be the end of the bigger correction, and the wave that I labeled with 4 can be the reversal impulse. So, if it makes a correction instead of coming down, I'll take a long trade.
Trade with care.
Bulent
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.