FX:USDJPY   U.S. Dollar/Japanese Yen
389 2 18
Have a look at my previous post for context and to see the range price will stay in until we hit 95.
USDJPY the big picture


It is unclear to say whether we are correcting in a 'Flat' correction or a 'Triangle correction. Personally I prefer a triangle due to the way we found a bottom just below 100. For a Flat we need 5 waves for wave C and I find that hard to count so far. Nevertheless I think there is more bullish momentum to come so let's wait for the consolidation and buy the continuation with stop-loss below the consolidation.

updates will follow

www. facebook             .com/wwwtimstuytscom
Comment:
snapshot
You could hardly think that this was a bear Market for this pair with this count reaching 106
Reply
Eff me... but I think you may be right.... I mean we all knew it was going to go up, but I was expecting a bit of retracement.... I guess that little red spot was it.
Reply
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
中国
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out