usdjpy 16hour 5 waves best levels to buy/sell

٢١ يونيو ٢٠٢٣

🔸speculative 5 waves bullish setup in progress. currently trading in wave 3.
expecting wave 3 to complete near 145.80 then wave 4 pullback/correction.

🔸Wave 1 is defined by low at 128.40 and high at 137.00. Wave 2 high 137.00 and
low at 130.60. wave 3 low at 130.60 and high at 145.80. wave 4 high 145.80 and low
at 138.50. wave 5 final wave low at 138.50 and high at 150.00.

🔸Recommended strategy bulls/bears. Bears should wait for wave 3 to complete and
short from resistance near 145.80 TP is 138.50 SL 75 pips. Bulls wait for wave 4 pullback
and then buy low near 138.50 (make sure wave 3 completes near 145.80 first though).
TP bulls is 150.00 final exit. swing trade setup, will take more time. good luck!

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