United States Dollar (USD) / Japanese Yen (JPY)
1D Time Frame
LONG OPPORTUNITY
AUGUST 16th UPDATE
As you can see there's been a zig zag pattern since June 2015 all the way to January 2021.
I have used the Elliott impulse wave 1-5 tool to help judge which way USDJPY will go up until march 2022.
I personally believe it will rise up into the bull section.
I also have take profits set as stated.
TP1 - 112.000
TP2 - 114.000
TP3 - 116.000
TP4 - 120.000
I will be doing a update on this chart October 1st just to check on chart movement and also give a updated brief.
If you like my analysis and brief give it a thumbs up.
If you have any questions please feel free to leave a comment below or send me a direct message.
THIS IS NOT FINANCIAL ADVICE
THE CRYPTO PLANET
1D Time Frame
LONG OPPORTUNITY
AUGUST 16th UPDATE
As you can see there's been a zig zag pattern since June 2015 all the way to January 2021.
I have used the Elliott impulse wave 1-5 tool to help judge which way USDJPY will go up until march 2022.
I personally believe it will rise up into the bull section.
I also have take profits set as stated.
TP1 - 112.000
TP2 - 114.000
TP3 - 116.000
TP4 - 120.000
I will be doing a update on this chart October 1st just to check on chart movement and also give a updated brief.
If you like my analysis and brief give it a thumbs up.
If you have any questions please feel free to leave a comment below or send me a direct message.
THIS IS NOT FINANCIAL ADVICE
THE CRYPTO PLANET
