USDJPY bounced higher from a horizontal support shelf created from August - September 2024.
The bounce is a second wave. The bearish shooting star candle on the daily chart spells reversal for USDJPY. The bearish wave count using Elliott Wave Theory as our guide as suggests deep cuts may be on the horizon for USDJPY.
We are considering the next decline to be a third wave at multiple degrees of trend. Additionally, the trend lower would break the support shelf and eventually make it to 122 and possibly lower levels.
The bounce is a second wave. The bearish shooting star candle on the daily chart spells reversal for USDJPY. The bearish wave count using Elliott Wave Theory as our guide as suggests deep cuts may be on the horizon for USDJPY.
We are considering the next decline to be a third wave at multiple degrees of trend. Additionally, the trend lower would break the support shelf and eventually make it to 122 and possibly lower levels.
Test your Elliott Wave readiness.
Free assessment + bonus training videos customized to your score:
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Free assessment + bonus training videos customized to your score:
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Test your Elliott Wave readiness.
Free assessment + bonus training videos customized to your score:
qwiz.seethewaves.com/ewreadiness/p/tv1
Free assessment + bonus training videos customized to your score:
qwiz.seethewaves.com/ewreadiness/p/tv1
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。