AbhishekHSinghCMT

USDJPY- Back Again- Irregular Flat Correction since 98.78 lows

FX:USDJPY   U.S. Dollar/Japanese Yen
683 3 18
Coming back again, after a long time.

UJ could be having irregular correction, which has an impulsive wave in action since the 100.08 lows. It shall be reaching 161.8% at 108.60-1.08.65 of its internal wave-((i)) projected from wave-((ii)) to give us (( iii             )) wave - Once if UJ holds in that zone - we shall look for a correction in the zone 105.50-105.75 zone which will retrace the current up move by 38.2%. Finally- Once it holds 105.50-105.75 - It shall give the final push to new highs above recent (( iii             )) wave high.

Best Regards,
Abhishek H. Singh, CMT
India Regional Manager
http://in.tradingview.com
+919833996865 | LinkedIn
India Markets-BSE, NSE chat room- https://in.tradingview.com/chat/#b4sFOMIVqPkq8gfQ
PlamenaYordanova
2 months ago
Thank you! This was very helpful for me today!
Reply
AbhishekHSinghCMT PRO PlamenaYordanova
2 months ago
@PlamenaYordanova, Once we finish this up move likely we will see one leg down in the zone 105.50-106 zone which got shifted because of extension in (iii) wave.
Reply
AL189
2 months ago
gut !!!!!!!!
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out