davistradingforex

Usd/Jpy Long Scalp

Lång
FX:USDJPY   USA-dollar/Japansk yen
Looks like 5 intermediate waves have completed and we are sitting at some support. Daily is also sitting at trend-line support and I am expecting a small pullback to stay within the wedge. This is a hedge trade as the daily chart target is bearish fib extension levels of the current momentum. Until there is a daily close below or above the wedge we are still in tightening range price action.

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