USD/JPY medium term uptrend. Correction now
Foggy market conditions for now in USD/JPY
Why?
Watch the price action how it unfolds to take the best decision medium-term. (4h chart)
Currently, we are in a corrective Wave 4. Price can either go up forming a flat, or it can go down now, unfolding in a zigzag. - It needs to be watched.
Longer term, the price will go UP, forming the final Wave 5 on the upside
Why?
Watch the price action how it unfolds to take the best decision medium-term. (4h chart)
Currently, we are in a corrective Wave 4. Price can either go up forming a flat, or it can go down now, unfolding in a zigzag. - It needs to be watched.
Longer term, the price will go UP, forming the final Wave 5 on the upside
I hope this was helpful.
This analysis represents my thoughts at the date it is posted.
This analysis does not represent professional and/or financial advice.
Trade wisely!
ymagnify.com/
This analysis represents my thoughts at the date it is posted.
This analysis does not represent professional and/or financial advice.
Trade wisely!
ymagnify.com/
I hope this was helpful.
This analysis represents my thoughts at the date it is posted.
This analysis does not represent professional and/or financial advice.
Trade wisely!
ymagnify.com/
This analysis represents my thoughts at the date it is posted.
This analysis does not represent professional and/or financial advice.
Trade wisely!
ymagnify.com/
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