USDJPY can go UP from 🟢Support zone🟢➡️RR=2.45

🏃‍♂️USDJPY is moving near the 🟢Support zone(143.40 JPY-142.82 JPY)🟢.

🌊According to Elliott's wave theory, USDJPY has successfully completed wave A in the 🔴Resistance zone(146.26 JPY-144.94 JPY)🔴.

🌊The structure of corrective waves is Zigzag(ABC/5-3-5).

🔔I expect wave B to end at the 🟢Support zone(143.40 JPY-142.82 JPY)🟢, and USDJPY will trend higher again and at least GO UP to the 🔴Resistance zone(146.26 JPY-144.94 JPY)🔴again.

👑Position:

USDJPY

Position: Long

Entry Point: 143.429 JPY (Limit Order)

Stop Loss: 142.440 JPY

Take Profits: 4145.852 JPY// 144.414 JPY(RR=1.00)

Risk-To-Reward: 2.45

Please don't forget to follow capital management ⚠️

Please pay attention to the style of opening the position.⚠️

U.S.Dollar/Japanese Yen Analyze ( USDJPY ), 4-hour time frame⏰.

Do not forget to put Stop loss for your positions (For every position you want to open).

Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post.

Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.

Trade active

Trade closed: target reached:

✅First Target Done: 144.414 JPY(RR=1.00)✅

You can Risk Free.

Comment:

✅Running well, ✅

Transfer SL to 144.60 jpy

Trade closed: target reached:

✅Second Target Done✅