Foggy market conditions for now in USD/JPY
Why?
Watch the price action how it unfolds to take the best decision medium-term. (4h chart)
Currently, we are in a corrective Wave 4. Price can either go up forming a flat, or it can go down now, unfolding in a zigzag. - It needs to be watched.
Longer term, the price will go UP, forming the final Wave 5 on the upside
Why?
Watch the price action how it unfolds to take the best decision medium-term. (4h chart)
Currently, we are in a corrective Wave 4. Price can either go up forming a flat, or it can go down now, unfolding in a zigzag. - It needs to be watched.
Longer term, the price will go UP, forming the final Wave 5 on the upside
I hope this was helpful.
This analysis represents my thoughts at the date it is posted.
This analysis does not represent professional and/or financial advice.
Trade wisely!
ymagnify.com/
This analysis represents my thoughts at the date it is posted.
This analysis does not represent professional and/or financial advice.
Trade wisely!
ymagnify.com/
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
I hope this was helpful.
This analysis represents my thoughts at the date it is posted.
This analysis does not represent professional and/or financial advice.
Trade wisely!
ymagnify.com/
This analysis represents my thoughts at the date it is posted.
This analysis does not represent professional and/or financial advice.
Trade wisely!
ymagnify.com/
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.