melvinljw

Short USDJPY, Elliot Waves

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FX:USDJPY   美元 / 日圓
After putting in a five wave move upwards, prices seem to be correcting as a flat (3-3-5).

Looking for wave 2, to correct back to 105.7 levels as wave C of the flat. (We will look to establish longs near (105.4-105.7), for a resumption of the uptrend.

Short : 106.95
Stop : 107.45
TP : 105.7
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