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TheSupportResistanceTrader

Wolfe Wave USDJPY short

Short
U.S. Dollar / Japanese Yen (FX:USDJPY)  
TheSupportResistanceTrader Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
Wolfe Wave wave USDJPY profit high risk reward profitable AB=CD Fibonacci
10
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wolfewaves wave usdjpy profit high risk reward profitable abcdpattern fibonacci
Possibly shorting USDJPY due to a good looking Wolfe Wave.

Short order put at the green area with target and stoploss indicated on the chart, good luck!
Comment:
Won't take this trade as Yellen is to speak in an hour which may cause significant volatility.
Comment:
Price came 3 pips short of our entry, then fell to a price which would have given us a 1:2.5 RR. There will be a new day on Monday, have a great weekend!
Trade closed: target reached:
If one would have ignored the fact that Yellen spoke this afternoon, one would have made a quick 1:5 trade. Easy money!

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