USDJPY. Forex Part. Short Signal
Updated
Hi, everybody. We continue to review the Forex market. Before us is a finite diagonal triangle. And I can say that it is complete in the divergence. According to the wave analysis, I will show you a General picture of the trend. I think from here I will enter short the aggressive strategy with a stop on a local maximum
Note
General picture of trend and wave analysis. Since wave 3 is greatly elongated it is not necessary to count on more traffic. I have marked the approximate medium-term target on this chart. We also see divergence in the direction of the trend, this is a good sign. But the fact is, once we reach the goal, we'll probably see a bullish divergence to change the trend. Such I have thought on this time. I of course ran a little ahead. But it is. Good luck
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