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TimeWaveTrading
Sep 21, 2021 12:51 PM

USDJPY Time Wave Analysis update 

U.S. Dollar/Japanese YenFXCM

Description

Hello.

The pattern of USDJPY has changed.

In the meantime, I analyzed the weekly upward wave as a continuous pattern,

Perhaps you should see the market reaction after the weekly uptrend ends and the monthly correction ends.

The downtrend drew a monthly, weekly, daily correction trend line, and it got stronger. In particular, you should not enter a buy because it has not broken above the weekly correction trend line.

We will consider re-entry then when a new monthly correction trend starting line of an uptrend is made.

good luck.
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