Hellena_Trade

Hellena | USD/JPY (4H): Long to 50% extension Fibo 148.219.

Long
FX:USDJPY   U.S. Dollar / Japanese Yen
Dear Colleagues, I assume that the price is forming a corrective wave 2. It is quite possible that wave 2 will end on reaching the 50% Fibonacci level of 146.559. The first target is the Fibonacci extension area at 148.219.

Comment:
Dear colleagues, the previous target 148.219 remains in priority. Last week the price bounced from the support area exactly as it was written in the forecast! I believe that the price will reach the target in the coming week!
Comment:
I believe that the price is now in an upward movement of wave 3. It is quite possible that the price will reach the target next week. Stay tuned for more updates!
Comment:
Well done!
Trade closed: target reached

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