robertdewick
Long

USDJPY - Profit taking not reveral?

FX_IDC:USDJPY   US-Dollar / Japanischer Yen
HI guys,


A few days ago I posted an XABCD which, once we took out the stops, rocketed yesterday.

Looking at this chart, I see current profit taking hence that's why we've stalled.

Overall I see 118.000 as the big target with maybe a 3 drives to get us up there.

I'll closely be watching price action and the over-so important Daily Candle closes throughout the trade.

If anyone would like to see my analysis on their chosen pair, please just comment below and I'll break the chart down for you.
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