Paraman666

USD/JPY - huge long opportunity ?

Long
FX:USDJPY   U.S. Dollar / Japanese Yen
After huge move to the upside in the March, price is moving in corrective channel, so very likely, price will continue in some sort of uptrend, that started in March. We got triangle in wave "B" of the wave "Y", so that should also be good confirmation, that this recent move down should be the last one, before uptrend continues.
Comment:
What a gigantic bounce. These parabolic moves just off the bottom are not usually the long term bottoms, so I think we will see new low and then final reversal.

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out