USDJPY - Showing nice wave structure

As posted previous, we entered this pair short 6 days ago and are currently running in ~400 pips profit. This slide is simply to show you how powerful the elliot wave theory is and how we have applied it for this pair. We can therefore foresee and wave 4 beginning which would see us retrace with the idea of shorting again

Order storniert:

We didn't manage to enter the trade and our order is now cancelled until after FOMC

Kommentar:

PERFECT WAVE COUNT.