USD/JPY. The situation remains unchanged. | 12 Noviembre 2024

12 Noviembre 2024, USD/JPY

USD/JPY. The situation remains unchanged.

The reluctance of the price to go down begins to raise certain doubts about the correctness of the wave scenario under consideration. Each attempt at a decline triggers a strong reaction from buyers, leading to a quick buyback and the price returning to the starting point of the downward movement.
Now, we see how the rebound from the 61.8% Fibonacci level has started to play out quickly. For now, this rebound can be viewed as a correction in an emerging downward impulse. However, it is not worth opening sell transactions based on this assumption. It is necessary to wait for confirmation in the form of a price decline, during which the local minimum formed during yesterday’s trading session will be broken.
Investment idea: sell 152.00, stop loss 152.25, take profit 140.00.
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.