USDJPY SWING TRADE 111.3 / 106.4
Hi Traders,
UJ is going through corretive structure, Wave (B) was ended @ 0.236 fibonacci retracement, the reversal for the Wave (C) was sharp and price actions are falling aggressively, i expect 0.382 f.r will provide a solide base for the trend continuation, using the fibonacci time zones to forcast the end of the Wave (C), it will be in the begening to 03-Oct-2018.
I will be looking for the smaller time frame 15 min and 30 min for short entry,
There is lot of fondamentale evidences that support the idea of weaker $ behavior in 2018,
Like and comment please if you finde this usefull to you,
Please trade with care, never risk more than 1 to 3% per trade of your capitale,
Best Regards,
Omar
UJ is going through corretive structure, Wave (B) was ended @ 0.236 fibonacci retracement, the reversal for the Wave (C) was sharp and price actions are falling aggressively, i expect 0.382 f.r will provide a solide base for the trend continuation, using the fibonacci time zones to forcast the end of the Wave (C), it will be in the begening to 03-Oct-2018.
I will be looking for the smaller time frame 15 min and 30 min for short entry,
There is lot of fondamentale evidences that support the idea of weaker $ behavior in 2018,
Like and comment please if you finde this usefull to you,
Please trade with care, never risk more than 1 to 3% per trade of your capitale,
Best Regards,
Omar
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