TimeWaveTrading

USDJPY Time Wave Analysis update

FX:USDJPY   U.S. Dollar / Japanese Yen
Hello.

USDJPY continues to rise and fall.

There is no entry signal yet.

Breaking the weekly downtrend line can be taken as a bullish signal.

A weekly correction will occur after the impulse. It will enter when the impulse high is broken, and you should put a stop loss below the weekly correction line.

It can be a weekly upward wave.

Below that, the monthly correction trend line will support it.

good luck.
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