Banteka

Banteka

USDJPY is in an uptrend channel. Several inside bars. Price action is pointing downwards. But only as a retracement. Main trend is upwards.

Banteka

Waiting for a clear signal

Banteka

This week's bearish movement is only the first correction (wave 2) of an Elliott Wave.

Banteka

Price above EMA200, bullish trend.

Banteka

EMA 200 is under the PA. The channel's boundaries are well defined. Now it is time of a short correction but in a couple of days, a new bullish impulse will occur.