EN English ENEnglish (UK) ENEnglish (IN) DEDeutsch FRFrançais ESEspañol ITItaliano PLPolski SVSvenska TRTürkçe RUРусский PTPortuguês IDBahasa Indonesia MSBahasa Melayu THภาษาไทย VITiếng Việt JA日本語 KO한국어 ZH简体中文 ZH繁體中文 ARالعربية HEעברית
TradingView
Ticker Trading Ideas Educational Ideas Scripts People
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Sign Out Go PRO Go PRO 30-day Free Trial Go PRO Early
TradingEW
Short

USDJPY downtrend

U.S. Dollar / Japanese Yen (FX:USDJPY)  
TradingEW  
FX:USDJPY   U.S. Dollar / Japanese Yen
93 views
3
93 3
In the middle of larger complex correction {4}, just completed wave b of (a), heading down on an impulse wave c.
1st target wave (1) near 120.00.

Long term view:
snapshot
KayJay
Agreed with the count but the new wave 1 leg which is currently underway can also retrace from end of wave 4 of the prior upleg, So why do you think this wave 1 will retrace to end of prior wave 2..... I'm still learning EW your comments will be highly appreciated
Reply
TradingEW KayJay
On the main chart, white c wave is projected below the bottom of wave a since it is potentially a flat correction.
Then, intrapolate (fill-in) the 5 waves of the impulse c wave, you get the approximate targets which will be adjusted and updated with PA.
Reply
TradingEW
https://i.gyazo.com/b19ee36a98435824307985c97690aca0.png
Reply
Community & Tools
House Rules Moderators People Chat Stock Screener Forex Screener Crypto Screener Economic Calendar
For Business
Website & Broker Solutions Widgets Charting Library Trading Terminal Brokerage Integration Advertising Referral Program Content Streams & RSS
Support
Contact Support Status Page Blog Feature Request Security Vulnerability Help & Wiki FAQ Contacts
About
How It Works Features Pricing Press Terms of Use Risk Warning Privacy Policy Cookies Policy
© 2018 TradingView
Stock Charts & Forex Charts
Made with
From the creators of MultiCharts
Select market data provided by ICE Data services
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
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
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener 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
Go PRO Go PRO 30-day Free Trial Go PRO Early