It should be all the way south for USDJPY
Update: It looks like we had another tiny rally made the B leg a fraction deeper. Adjust the trendline accordingly. We should have a drop within this channel.trend following down to the end of (E) leg.
I was wrong about the finish of A leg, But We did get a very deep B leg just now, after finishing a zig-zag A leg. The C leg should be 5 wave impulsive, but I don't expect it to reach the bottom of the range as it should complete the final (E) leg of the triangle.
I was wrong about the finish of A leg, But We did get a very deep B leg just now, after finishing a zig-zag A leg. The C leg should be 5 wave impulsive, but I don't expect it to reach the bottom of the range as it should complete the final (E) leg of the triangle.
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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.