tradetoprofit

UJ ABC Corrective Wave (sideways)

FX:USDJPY   U.S. Dollar / Japanese Yen
Prediction of an ABC corrective wave following the 50pip move on the Elliot-5-Wave to the downside. Looking for the market to consolidate, then possibly make another drop after encountering resistance off the current whole level.

Watch price action

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.