SteveNixon

Historic View of Dollar Yen

FX:USDJPY   ABD Doları / Japon Yeni
21
I've posted this to give an overview of the USD YEN pair.
Trading View charts rarely give us enough historic data to get a complete picture but it can be found on google. The link below shows this pair since 1970 where price drops from 350 plus giving us an bear impulse.

http://logicfxtrading.com/wp-content/uploads/2017/03/yen_chart.png

By extension we can see that price has been scribbing out a huge ABC correction.

Given this we are probably in a C wave which will take a few years to complete.
Having a bigger picture can help with our forecasting on a daily/weekly timescale

Hope this helps - I will do a video on this analysis if requested

Good luck Steve

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.