We're sellers towards 127.242 | 23 Enero 2023

23 Enero 2023, USD/JPY

We're sellers towards 127.242

Wave Analysis

USDJPY is still on a downtrend. The market has already formed the major impulsive 5 waves pattern. The market is currently forming the corrective 3 waves pattern. The market has formed a double top at 130.604. Double tops normally signal the market reversal to the downside. Again the market is currently at the minor corrective wave c which is the last impulsive wave of the 3 corrective waves. I expect the price to fall from 129.439 to 127.242. Should the price break above wave b,131.522, the setup will be invalidated.

Trade Recommendations:

We're sellers towards 127.242

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.