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Theto_Morifi

USDJPY SHORT

Short
U.S. Dollar / Japanese Yen (OANDA:USDJPY)  
Theto_Morifi Updated   
OANDA:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Wave Analysis
8
0
trendanalysis waveanalysis
It seems like we might have a textbook style 5 wave impulse move to the downside provided by UJ.

Wave 5's target is extracted from the fibonacci extension of waves 1-4.

Target: 125:500
Trade closed: stop reached:
snapshot

Beautiful move by UJ earlier today fueled by the JPY interest rates decision. It was unfortunate that it went against my analysis and structure.
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