USDJPY Long Trade Setup
Hello Traders
Because of the higher degree structure, my forecast is a new low and a strong reversal. It looks like a correction is in the making before the last drop. Now, I'm waiting for a trade setup to buy it. Then I'll hedge my trade before the last drop. If it doesn't give me a trade setup, I'll wait for a new one after the yellow C to sell it. My goal here is to have a trade to hedge it when the price comes into the blue box.
Trade with care.
Bulent
Because of the higher degree structure, my forecast is a new low and a strong reversal. It looks like a correction is in the making before the last drop. Now, I'm waiting for a trade setup to buy it. Then I'll hedge my trade before the last drop. If it doesn't give me a trade setup, I'll wait for a new one after the yellow C to sell it. My goal here is to have a trade to hedge it when the price comes into the blue box.
Trade with care.
Bulent
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