TradingView
ChrisMark
2017年7月17日晚上6點56分

$USD vs. $JPY 4H Chart. One last drop, Eyes 105.540 | #usd #fx  看空

U.S. Dollar/Japanese YenFXCM

描述

Traders,

USDJPY is in a correction since 15/12/16 and has developed into a ZigZag W(circle) and a possible flat pattern X(circle) so far.
1- Wave-W (circle) developed into a ZigZag pattern, internal 5-3-5 structure a. , b. , c. ending at 108.130.
2 - Wave-X (circle) developed into a flat pattern, internal 3-3-5 structure (A),(B),(C) , ending at 114.488.
3 - Wave Y(circle) possible last ZigZag pattern, completing the corrective structure with a Double Zig-Zag.

-Price has touched previous top level (A) 114.368 and pushed back, indicating a flat pattern.
Overall, bearish bias to 107.145, 105.540, or 104.080.

Trade with Discipline.
Best

評論

Pirce should be ready to drop.
Still expecting one more leg down close to our target.
評論
teddyrucks
Great chart
ChrisMark
@teddyrucks, thank you
AaChen_
wow, good ,ty
ChrisMark
@chinaJY, Thank you chinaJY
tom_mok
Thanks Chris,
ChrisMark
@tom_mok, Thank you tom_mok
Victor.Y.F
Thank you ChrisMark! same view with you, the structure is very clear.
ChrisMark
@victor.Y.F, Let's see if that will work, happy pips Victor
Victor.Y.F
@ChrisMark, the "Y" target will be around 103-104 then a monthly time frame big pull back. It may still go down in 2018, the very long term target should be below historical low but it's too early to call it now.
更多