we're long | 12 November 2018
12 November 2018, USD/JPY
Wave Analysis
Perfectly as we said last week, The US Dollar rallied intensely to the upper side and is still pretty much bullish both on the weekly and the monthly charts. As long as the price remains above the dynamic support indicator, envelope, we expect nothing but a possible momentum to the upper side. The anticipated bullish price rally is the continuation of the impulsive wave (c) to the upper side and should break above 110.19, if this is the case, then we'll expect further momentum upwards towards 117.88.
Trade Recommendations:
we're long
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.
