Hi Traders,
USDJPY, now at 99.63, finally broke the upper line of the triangle displayed in the daily chart and started the new uptrend which should take it to 105 and 122.
TARGETS
likely: 105.31
possibly: 120. 17
maybe: 122.30
ELLIOTT WAVES
The daily chart displays a nice a-b-c followed by waves 1 & 2. Wave 3 (upwards) just started.
ENTRY
The wave oscillator shows an imminent pullback in the 1-hour chart. Wait for that before getting in.
monthly chart - click to enlarge
weekly chart - click to enlarge
daily chart - click to enlarge
wave oscillator over daily chart - click to enlarge
4-hour chart - click to enlarge
wave oscillator over 4-hour chart - click to enlarge
1-hour chart - click to enlarge
wave oscillator over 1-hour chart - click to enlarge
USDJPY, now at 99.63, finally broke the upper line of the triangle displayed in the daily chart and started the new uptrend which should take it to 105 and 122.
TARGETS
likely: 105.31
possibly: 120. 17
maybe: 122.30
ELLIOTT WAVES
The daily chart displays a nice a-b-c followed by waves 1 & 2. Wave 3 (upwards) just started.
ENTRY
The wave oscillator shows an imminent pullback in the 1-hour chart. Wait for that before getting in.
monthly chart - click to enlarge
weekly chart - click to enlarge
daily chart - click to enlarge
wave oscillator over daily chart - click to enlarge
4-hour chart - click to enlarge
wave oscillator over 4-hour chart - click to enlarge
1-hour chart - click to enlarge
wave oscillator over 1-hour chart - click to enlarge
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