The pair may fall and undergo a corrective abc as price shows possible sign of weakness on its upward momentum.
A bearish divergence on this hourly timeframe chart analysis maybe/ can be used as an added conviction of this Elliot wave analysis.
#elliotwaveforecast
@marketpainterPH
A bearish divergence on this hourly timeframe chart analysis maybe/ can be used as an added conviction of this Elliot wave analysis.
#elliotwaveforecast
@marketpainterPH
Trade active:
This trade is still active.
Trade active:
An update for #USDJPY. Pair may now be on its way for completing the final impulsive wave c of the corrective phase with targets at 0.5 - 0.618 fibonacci retraments of the previous motive phase.
#elliotwaveforecast
@marketpainterPH
#elliotwaveforecast
@marketpainterPH