USDJPY— Looking for an explosive rally in Wave 3(Alternate View)

FX:USDJPY   U.S. Dollar / Japanese Yen
47 0 6

USDJPY— Looking for an explosive rally in Wave 3(Alternate View)

From last update, I was expecting a leg down –which is shown by blue oval shape. Since last low@106.35- (Not Discussed in This Forum)

Alternate Situation
Prices are making higher highs & higher lows on lower degree which has been retraced by 80% - so, if dollar yen starts moving above 107.50—That could be first clue that it wants to go above 111.45 –which is previous high.

Previous Situation
If 106.35 is broken then we can look deep retracement above 105.54 as that is the key level or fulcrum where the pair shall revolve post breaking 106.35.

Key Levels—106.35, 105.54

Abhishek             H.Singh, CMT
Best Regards,
Abhishek H. Singh, CMT
India Regional Manager
| LinkedIn
India Markets-BSE, NSE chat room- https://in.tradingview.com/chat/#b4sFOMIVqPkq8gfQ
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out