Going Long on USDJPY

13 Kas 2017

USDJPY has been in a corrective wave since November 5th. By looking at the chart you can understand that we are currently in wave B of an ABC corrective wave.

We have found support at 113.325 where price was denied multiple times to push below this point. Market has closed above our 8 EMA, Now our target is above wave 3 at the next approach of the bullish trend line for the completion of wave B and impulse wave 5.

13 Kas 2017

İşlem aktif

We are moving right along in this wave to our target. Due diligence is a necessity, and exit when you start to see indecision near our target.


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