USDJPY-As i expected it fell aggressively in bearish pattern...

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USDJPY-As i expected it fell aggressively in bearish pattern...

MARKET COMMENTARY:


1. As i expected last week from 110.2- 110.6 a rejection and it did the same here...


2. Now i am expecting a b) wave to 110 approx zone and then for "C" wave of 2) or (b).


3. But i am in BUY side only not in sell side...expecting this pattern i wont sell in 110 zone...


4. What i will do is book partial what i bought @ 109.2 @ 110 and will look for again to refill that

108.4 zone at the end of C) of 2) or (b).


DISCLAIMER : All labelling and wave counts done by me by manually and i will keep change according to the LIVE MARKET PRICE ACTION. So don't bias, hope on my trade plans...try to learn and make your own strategy...Following is not that much easy...I AM NOT RESPONSIBLE FOR ANY LOSSES IF U TOOK THE TRADE ACCORDING TO MY TRADE PLANS....THANKS LOT..CHEERS


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