Contraction triangle completed,continue downward trend. Short UJ
Reason:
- A.
USDJPYThe contraction triangle adjustment wave is basically completed, contiuing the downward trend since the peak of November 5, 2017; - B. Wave e alwasys below the trend of rising trend line, showing that the momentum of the rally has been declining, and the short potential energy has gradually increased;
- C. Reasonable profit and loss ratio — with a defensive position above the downtrend line.
Note
Support level 112.00 had been broken just now, it seems the target probably can be reached.Trade closed: target reached
The downward trend really starts.
「用价格行为捕捉市场脉搏📈 | 裸K·谐波·实战派
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
「用价格行为捕捉市场脉搏📈 | 裸K·谐波·实战派
若我的分析让您看清市场多一分，欢迎点赞支持👍
实时跟踪交易观点请加微信：PriceActionBen
（备注“TV”更快通过）」
若我的分析让您看清市场多一分，欢迎点赞支持👍
实时跟踪交易观点请加微信：PriceActionBen
（备注“TV”更快通过）」
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.