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.
Where Go ?
Reply
7pasos PRO tuanatuba
If breaks below 99.63 to new lows below 99 I think
Reply
Still moving sideways
Reply
good luck!
Reply
This was the previous analysis refered in this one
Expanded Flat b) correction at or near to end.
Reply
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder 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 Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out