anilmangal

USDJPY corrective structure

FX:USDJPY   U.S. Dollar/Japanese Yen
6587 21 200
The USDJPY             is in a daily corrective down trend. This last move down looks like an expanding ending diagonal , i guess we will see very soon if it is.

Trade with care
Thank for your support.
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Thank you!
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thanks
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i will follow it,an i will entry usdjpy for shorting!
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it's on the up move now let's see what happens when it get to the trend line
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ValeriuV anilmangal
It is on the up move , but looking at the similarity between this H4 up move and the previous one, I would say it is corrective in nature so another down move is more likely. But I will not sell in anticipation but wait until a see a breake of up trend..
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nice
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thanks
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Nice! I was looking at this one too! Let's see if it goes down! Thanks Anil :)
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yes we will, and don't miss it if it goes
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I agree in both views! Good luck!
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thanks
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Anil, can you upload video from your last webinar on May 09.
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thinks Mr Anil,now it's near the trend,if possible an update on this pair.
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Here is my view Anil.. Hoping to get this... :)
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13 week descending channel. Can go either way :-)
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 agree
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Wave-Trader PRO Wave-Trader
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Dear Anil,

Why most of the charts are 240m ? just curious . I know you looking set up but most set up are 240m.

Thanks
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i know my tech analysis is done well when i look at your charts and i see you think the same as me ... hehe
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