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USDJPY Short

by Sanjay A, January 11, 2023

USD/JPY H1 Elliott Wave

by Sanjay January 11, 2023

6
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USD/JPY

|

Short

|

H1

Timeframe:

H1

Analysis Method:

Elliott Wave

Analysis:

Short term price action appears corrective as the rally from the recent decline is so far in three waves. Risk/Reward is at least 1:4 on this trade.

Trade Plan:

Stop: 132.875
Target: between 131.00 and 130.00

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