USDJPY update
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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Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.