7pasos

So good so far USDJPY decline

FX:USDJPY   U.S. Dollar/Japanese Yen
385 5 0
Continuing with the analysis published some days before with the decline prediction based in the end of an expanded flat, we review today the decline, as you can see we can find multiple evidence of a impulsive start to the down side.

At this point we should embrace the idea of a pullback, and if deeper will be better ( deep retracements occur more often in impulse's wave 2 than in zigzag's wave 2).

So if gets a new low this decline and then a deep retracement will be further evidence to confirm our previous analysis.
7pasos PRO
3 years ago
This was the previous analysis refered in this one
Expanded Flat b) correction at or near to end.
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LEONES PRO
3 years ago
Still moving sideways
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7pasos PRO LEONES
3 years ago
good luck!
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tuanatuba
3 years ago
Where Go ?
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7pasos PRO tuanatuba
3 years ago
If breaks below 99.63 to new lows below 99 I think
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