Wait. | 25 May 2022

25 May 2022, USD/JPY

Wait.

Wave Analysis:

This pair has been trading on a downtrend for a while now, recently the price bounced off from the corrective wave cycle four towards the lower side at the impulsive wave cycle five. Right now, the price is rebounding towards the upper side, I expect it to go up to the upper trendline then bounce back. As long as the price remains below the resistance zone (128.13-127.94) then we remain sellers. If you are looking at this pair right now, wait for the price at 127.50 then pick a sell position towards 126.25.

Trade Recommendations:

Wait.

Bob Stan
Agree with the review?
Traders' opinion:
Close
ปูมบันทึกอยู่ใน
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .
manager photo manager photo
Online-support
We will be pleased to answer any questions you may have

Write

Get bonus