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We are short term sellers.

We are short term sellers. | 07 April 2022

07 April 2022, USD/JPY

We are short term sellers.

Wave Analysis:

As previously forecasted on the daily chat, I still expect the price to rebound from the corrective wave (b) towards the resistance level at wave count (c).However should the price break below the resistance level then we would be looking for long term seller positions with our first ideal target at 118.25.We are still short term sellers as of now, from 123.68 towards 121.53.

Trade Reccommendations:

We are short term sellers.

Bob Stan
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