Get started
StockScout

USD/JPY - 5th wave? Still short

Short
U.S. Dollar / Japanese Yen (FX:USDJPY)  
StockScout Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Wave Analysis Technical Indicators
1
0
trendanalysis waveanalysis indicator
USD/JPY - 5th wave? Still short. It looks like wave 5 is coming.
Comment:
It looks like the beginning of a cypher pattern, which leads me to believe the odds of a wave 5 have gone up. Also, the MA's are still holding strong in a downward direction.

snapshot
Comment:
My target was already reached, but continuing onward.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.