Elliott Wave Analysis: USDJPY Trading In A Temporary Correction
USDJPY is showing us a nice example of the wave principle in motion, a higher degree impulse with wave four unfolding as a higher degree three wave correction. At the moment we see price trading lower, probably in sub-wave C of four. Later, an ideal reversal zone may be seen around the 50.0 or 61.8 Fibonacci ratio.
👉Premium 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.