Wait until 114.606. If the price doesn't break the pattern until then enter short with 3 target levels.
USDJPY possible movements in 1 H chart
Butterflly Harmonic pattern Sell from 87.50 to 87.60 area and 1st tp is 86.70 and 2nd tp is 85.50 ,, good luck
USDJPY is in wave 2. Will go long after correction ends.
Hello! Firstly, keep in mind that this plan is set apart from Trump's inauguration tomorrow! 1. Short scenario: * 2 Targets. * About 225 Pips. * About 4 days execution. 2. Long scenario: *2 Targets. *About 130 Pips. *** DO NOT enter now. You need to watch and catch the chance if requirements on the chart are met. Regards
DXY is about to breakout of the falling wedge. Cheers!
going short . . . . . FX:USDJPY alikhademoreza.ir
Since the day that the feds raised the rates, it appears that UJ topped out at a resistance zone of 118.5 | It has gone back to a sideways lateral movement in similar fashion to pre-American interest rate hike, While UJ has maintained a bullish long stance over the last months, it appears that for now it will stay lateral and is prone to spiking up or dropping...
*WILL GO DOWN TILL THE area of 106.50 AS* The market over buy wait till break back down and go short then turn all way up *WILL GO long TILL THE area of 116 if its break the level of 110
what am i looking at right now on uj feedback is highly appreciated this is my first eliot wave. not sure about the pattern the 61.8 B point is a railroad tracks so im not sure if its valid.
USD/JPY correction Pattern for more Up
Chart should be pretty clear. Taking a Long from support here if it breaks down I don't want to be involved with the threat of the BoJ intervention which would blow out every stop.