U.S. Dollar / Japanese YenUpdated UJ Elliotte Wave
Considering the indicators, It's clear that the price is retracing from 38% . Purchasing Yen @ B (which is to be regarded as a zone instead of a point) we should assume a reversal up towards C (which should be regarded as TP zone). Stay tuned for another update.
Order cancelled
This pattern failed and crashed through our 0.00% retracement. This was due to news that I did not anticipate. Will follow up soon with an adjustment and see where we go today.
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.