CurrencyWaves
Long

#USDJPY 60 MN Elliott Wave Count

FX:USDJPY   U.S. Dollar/Japanese Yen
There are a number of ways we could count this move up right now, This could just be an BAC             correction up and we go lower to new lows before heading higher. I think the pair is headed for that 135.00 area so for now I am going with the idea that wave 3 is nearing an end and a wave 4 is about to take place. Another bullish option is the nested 1-2 count and we see a deeper pullback from near levels for a 2nd wave before a strong move higher.

The line in the sand here is way down at 101.19.

The 105.50 area may show some support on pullback.
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out