USDJPY presented a great buy opportunity yesterday. I wasn't able to post it in time but I expect more to come.
It is unclear yet whether the correction ended at 111.60 or whether this was only a wave 'A'.
Nevertheless we need another leg higher of lesser degree which started yesterday.
IF we see a consolidation I like to buy the continuation towards at least 115 with a stop below the consolidation.
Updates will follow
It is unclear yet whether the correction ended at 111.60 or whether this was only a wave 'A'.
Nevertheless we need another leg higher of lesser degree which started yesterday.
IF we see a consolidation I like to buy the continuation towards at least 115 with a stop below the consolidation.
Updates will follow
Note
Note
1 hr15 min
Note
Looks like UJ is about to present a buy trade. Manage it closely because we can still make a deeper correction of larger degree, before we turn bullish again to take out 114.73. I counted it therefore as an 'abc' pattern for now.Note
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.