U.S. Dollar / Japanese Yen
Short
Updated

Strengthen Wave V, and Diffusion triangle is forming, Short UJ

190
Reasons:
  • A. USDJPYThe wave V of diffusion triangle is working, and short-term bearish trend still intact.
  • B. The fall rhythm is great, showing the Fibo retracement 61.8% level is currently not enough to stop the downward trend. Morever, a downward gap occurred on Monday which predict trend contiune to fall.
  • C. The weekly chart shows the candlestick bearish combination form, and what’s important, the profit/loss ratio exceeding 1.5.

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Trade closed manually
Due to Trump said that stronger Dollar is better yesterday
Note
snapshot
Note
Closed at 108.972

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