When you zoom out on the USD/JPY chart, the noise diminishes, revealing clearer trends. While there are always opportunities for scalping, the overall trend is bullish.
Currently, the pair is in the 5th wave, suggesting a minimum target of breaking above the 3rd wave's peak. I'm looking for potential sell patterns, such as a double top.
Trade safe.
Trade active
Still very much activeTrade closed: target reached
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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.