4 hour chart showing a 5 wave impulse being corrected by a 5,3,5 ZigZag pattern. Wave 4 of 5 in Wave C of the ZigZag is currently in progress. Price showing resistance at the 0.618 retracement level off the impulse. RSI touching/nearing oversold territory.
Initial price target set at a 1.68 multiple of the impulse wave (2:1). Entry level only once the extreme of Wave B of the ZigZag is broken.

EURJPY
Daily Chart supporting the idea of having an impulse as a Wave 3 of Wave 5.
First ever post, I don't even have a demo account so obviously don't take too much from this.
Initial price target set at a 1.68 multiple of the impulse wave (2:1). Entry level only once the extreme of Wave B of the ZigZag is broken.
Daily Chart supporting the idea of having an impulse as a Wave 3 of Wave 5.
First ever post, I don't even have a demo account so obviously don't take too much from this.
Emir iptal
Possible trade was invalidated once the start of wave 1 was broken. It looks like this move down was a change in trend rather than a corrective move.Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.