USDJPY Possible Top

20 juin 2023

USDJPY failed short term pennant (1hr)breakout targets and is also highly overbought weekly.
Possible top at play. Elliott wave pattern seems corrective. Big, but corrective.
I would wait for further confirmation such as another red weekly candle.

21 juin 2023

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This looks right.

23 juin 2023

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I still suspect its a corrective pattern. 144.42 is my target

29 juin 2023

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This is still looking really strong. This idea is likely invalid. I would recommend
to not short this.

6 juil. 2023

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The JPY basket at the weekly level is exhibiting descending price action. This is often followed by a reversal. This would suggest the JPY might about to reverse its huge and long bearish trend

12 juil. 2023

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Another good call, a bit early this time but correct.

12 juil. 2023

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I called 144.42 (conservatively on purpose) we got 145.73. Not bad, not bad at all. How many got even close to this?