0811 End of Wave C UJ could down to test 112.8-113.00
Hello traders,
USDJPY could have wave C down to test 112.8-113.00 on 4H chart. The strong support zone on this chart could be a easy one to break through but wont pull this pair too far from current position.
I would still prefer to long UJ once it finished ABC wave on 4H chart and send a confirming signal to long later. Sorry that last one got stop loss hit. It happens.
RISK LOWER THAN YOUR TOLERANCE:
Suggested Risk <5%
Your Real Entry Position Will Make Different RR for Your Trade.
GOOD LUCK!!!
LESS IS MORE!
USDJPY could have wave C down to test 112.8-113.00 on 4H chart. The strong support zone on this chart could be a easy one to break through but wont pull this pair too far from current position.
I would still prefer to long UJ once it finished ABC wave on 4H chart and send a confirming signal to long later. Sorry that last one got stop loss hit. It happens.
RISK LOWER THAN YOUR TOLERANCE:
Suggested Risk <5%
Your Real Entry Position Will Make Different RR for Your Trade.
GOOD LUCK!!!
LESS IS MORE!
