Small correction down and up again for USDJPY
Hi traders,
USDJPY invalidated the triangle correction. So I think the B-correction will be an W-X-Y. This week I expect a correction down on this pair and after that up again to finish the bigger correction. When price finishes the smaller correction down I will look for buys on a smaller time frame to minimal the price area of 110.70's.
If you want to learn more about trading with supply and demand and wave analysis, please make sure to follow me, give a like and comment.
This shared post is only my point of view on what could be the next move in this pair based on my analysis. I do not provide signals.
Don't be emotional, just trade!
Eduwave Trading
USDJPY invalidated the triangle correction. So I think the B-correction will be an W-X-Y. This week I expect a correction down on this pair and after that up again to finish the bigger correction. When price finishes the smaller correction down I will look for buys on a smaller time frame to minimal the price area of 110.70's.
If you want to learn more about trading with supply and demand and wave analysis, please make sure to follow me, give a like and comment.
This shared post is only my point of view on what could be the next move in this pair based on my analysis. I do not provide signals.
Don't be emotional, just trade!
Eduwave Trading