usdjpy 8h short from point C advanced xabcd setup

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🔸usdjpy 8 hour chart overview with xabcd advanced sell setup, speculative setup.
This is an advanced entry xabcd setup in progress, recommended strategy is to short sell from
resistance once we max out near point C this may take 6-12 days. currently the pattern structure
got point X/A/B confirmed, point C/D still require confirmation.

🔸The xabcd pattern is defined by point X at 128.20, point A at 137.20, point B at 130.20,
point C at 135.30 and finally point D at 125.50 based on 127 extension.
Point C/D is in progress, not confirmed yet, therefore this is a higher risk setup.

🔸Recommended strategy for USDJPY: bears should look for price to max out near point C
at 135.30 and look for a reversal trade entry, SL over point A and conservative TP based
on fibonacci of the latest price swing will be set at point D, which is 125.50.

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ملاحظة

usdcad 8h swing trade setup best level to buy/hold