We're sellers | 12 May 2023

12 May 2023, USD/JPY

USDJPY is currently in a corrective phase, with the market forming the ABC corrective pattern. Presently, the market is in the process of forming the minor wave c. I anticipate a slight rise in this pair up to 134.83, followed by the formation of a double top pattern and a subsequent drop to 132.59. Reaching this zone (132.59) will signify the end of the corrective phase. To prepare for this, you can place sell limits at 134.83, which will activate the orders immediately once the price reaches that zone.

Trade Recommendations:

We're sellers

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.
manager photo manager photo
Online-support
Nos complacerá contestar cualquier pregunta que pueda tener

Escribir

Get bonus