Bears in control | 31 Maio 2017

31 Maio 2017, USD/JPY

Bears in control
Wave Analysis:
Perfectly as previously anticipated, following the minor correction of the impulsive wave (c) traded short but did not hit our target at 104.00. During this intraday, as long as 111.99 is not violated, we expect further extension of the impulsive (c) towards our previous target at 104.00. This view can only be invalidated in case the price end up breaking above 111.99, if this is the case, then an acceleration to the upper side is inevitable. This pair should be traded alongside CADJPY, AUDJPY, CHFJPY and NZDJPY. These pairs have a strong positive correlation of up to +65% and will move in the same direction during this intraday.
Trade Recommendations:

Expect a possible bearish wave count towards 104.00

FreshForex cancels commissions!

Bob Stan
Agree with the review?
Traders' opinion:
Close
Entrar
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with rendering Personal area. How to enable cookie support.
manager photo manager photo
Online-support
Ficamos satisfeitos em responder quaisquer perguntas que você possa ter

Escrever

Get bonus