Bizdrone

USD/JPY – Support Zone – Bullish Minor C

dollar yen

USD/JPY is about to finalize Intermediate Wave (X) (red), with Minor Wave C (purple) preparing to have lift-off.
Minor B (purple) unfolded as a Zig-Zag and is almost complete, with only the last leg of Minute C(light blue) to end, the Minuette (v) (black).
There is no Bullish Divergence yet as Minuette (iv) still has not completed its 3 small swings structure, therefore, a better scenario for this Long Trade would be to enter at Divergence signs.

Entry Levels:
Aggressive – 111.90
SL – 111.30
Moderate – 111.60
SL – 110.50
Conservative – 111.30
SL – 110.50

TP 1 – 114.15
TP 2 – 115.50

1 Comment

  • admin
    (March 10, 2017)

    Targets reached.

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