I expect USDJPY to start its bullish correction next week towards at least 116. I believe we might see a last attempt to break last weeks low in the beginning of next weeks trading session. However my bias is bullish for at least 116 after that. This bullish move I anticipate might as well test 120.
Ideal scenario for a buy trade after a last new low.
Komentarze
glaazie
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Can you show us how to properly use wave count Tim ive got 2 scenarios in my charts
is it the yellow wave count or the blue wave count or maybe neither :/
and if the blue wave count is correct is it because the green trendline wasn't broken ?
really appreciate your input mate as always :)
newbie2016
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Coming Monday is off in Japan.. so most like thin trade and when no support then most likely uj will fall... I think we will see it towards 111 or above again..
Can you show us how to properly use wave count Tim ive got 2 scenarios in my charts
is it the yellow wave count or the blue wave count or maybe neither :/
and if the blue wave count is correct is it because the green trendline wasn't broken ?
really appreciate your input mate as always :)