Raffaeleuk
Short

Short USDJPY on Elliott ABCDE formation meets Andrew's fork

FX:USDJPY   U.S. Dollar/Japanese Yen
USDJPY             is retracing down towards the downward channel that it exited last week.
Andrew's pitchfork drawn on Daily chart .
Elliot ABCD triangulation drawn on past 3 days of downward movement.
TARGET: Where the E point meets the middle line of Andrew's pitchfork .
risk/reward: 2.2%
+132.5 pips
BEWARE:
Sunday 9 there wil be the 2nd US Presidential debate, it may influence USD pricing.
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