Wait and buy a break above 116.43 towards 118.90. | 04 Enero 2022

04 Enero 2022, USD/JPY

Wait and buy a break above 116.43 towards 118.90.

Wave Analysis

After bouncing off from the lower trendline, the impulsive wave (5) continued to the upperside and is now approaching a resistance level 116.43 and may continue much higher. On this chart, buyers have full control and when the price breaks above the level 116.43, I expect nothing but a possible buy. A rebound from the level 116.43, then this will be a good place to consider a possible long term sell position towards the lower trendline.

Trade Recommendations:

Wait and buy a break above 116.43 towards 118.90.

Bob Stan
¿De acuerdo con la revisión?
Opinión de los comerciantes:
Close
Iniciar sesión
Su navegador no admite cookies. Si la cookie está desactivada en su navegador de Internet, es posible que tenga problemas con la representación del área Personal. Cómo habilitar el soporte para cookies.