Only sell a breakout below 110.36 | 20 أغسطس 2018
20 أغسطس 2018, USD/JPY
Wave Analysis:
The Us dollar is still above the 4 hour support level 110.36. As long as the price remains above this level, we choose to remain on the sidelines, but should the price break below this level, then this will be a good place to sell the impulsive wave (c) to the lower side and break below the 108 handle. This view can only be invalidated in case the price breaks above 113.25, this being the case, we’ll expect further rally to the upper side with the next ideal level being 114. At the Moment I'm only looking for short positions.
Trade Recommendations:
Only sell a breakout below 110.36
101% Double the volume
!Attention!
All bonus participates in drawdown!
The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
