USDJPY update
Updated
Have a look at my previous post for context and to see the range price will stay in until we hit 95.
It is unclear to say whether we are correcting in a 'Flat' correction or a 'Triangle correction. Personally I prefer a triangle due to the way we found a bottom just below 100. For a Flat we need 5 waves for wave C and I find that hard to count so far. Nevertheless I think there is more bullish momentum to come so let's wait for the consolidation and buy the continuation with stop-loss below the consolidation.
updates will follow
facebook.com/wwwtimstuytscom
It is unclear to say whether we are correcting in a 'Flat' correction or a 'Triangle correction. Personally I prefer a triangle due to the way we found a bottom just below 100. For a Flat we need 5 waves for wave C and I find that hard to count so far. Nevertheless I think there is more bullish momentum to come so let's wait for the consolidation and buy the continuation with stop-loss below the consolidation.
updates will follow
facebook.com/wwwtimstuytscom
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