Elliott Wave Analysis: USDJPY Intraday View
USDJPY is displaying qualities of a triangle correction in wave 4, which could be as of current intra-day drop completed. We see price trading around the 110.77 level which could be wave two as part of a five wave drop within wave 5. That said a decisive drop beneath the 110.24 level will suggest lower levels to follow.
Explore our services
👉wavetraders.com/elliott-wave-plans/
Learn Elliott Waves
👉 wavetraders.com/academy/
Newsletter Sign up
👉 bit.ly/3FVPVzO
👉wavetraders.com/elliott-wave-plans/
Learn Elliott Waves
👉 wavetraders.com/academy/
Newsletter Sign up
👉 bit.ly/3FVPVzO
Related publications
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.