We're long towards 114.192 | 06 November 2018
06 November 2018, USD/JPY
Wave Analysis
Perfectly as we forecasted few last week, the US Dollar rallied to the upper-side and is still pretty much bullish both daily and the weekly charts. As long as the price remains above 111.665, we expect nothing but a possible momentum to the upperside. The anticipated bullish price rally is the continuation of both the impulsive waves v and (c) and should break above 114.192 towards 117.883. And on the other side, should the price break below 111.665, then this will be a good place to look for a long term short position towards.
Trade Recommendations:
We're long towards 114.192
101% Double the volume
!Attention!
All bonus participates in drawdown!
The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
