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USDJPY Wave Movement

34
Price has clearly created a leading diagonal and has retested and rejected a major daily level (in green) creating the 1st wave, I predict price will briefly move toward the 61.8 Fibo level which sits above a major weekly level around the 108.000 price area (in orange) a 170 pip move, I believe chart will retest and reject this major weekly zone before creating an impulse upward toward the 3rd wave which I predict to be at the 161.8 Fibo level which sits under another major weekly level around price level 113.650 (in orange), a 565 pip move. Chance to make around 735 pips from these two moves. Happy trading.
Feel free to drop comments and suggestions.

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.