5th Wave Within the Channel-Good Opportunity for Short 450pips!
Although Yen is losing momentum against other currencies in the past two months, but it's getting stronger against Dollar.
At higher TF, the price currently forming the handle of the cup where we can see the price moves in the channel since Dec 2016.
The price has just broken and retest the structure and now in its initial phase of the 5th Elliot wave.
The TP is valid because it remains above 0.618 fib level of the depth of the cup.
This is a long term idea.
All the best!
At higher TF, the price currently forming the handle of the cup where we can see the price moves in the channel since Dec 2016.
The price has just broken and retest the structure and now in its initial phase of the 5th Elliot wave.
The TP is valid because it remains above 0.618 fib level of the depth of the cup.
This is a long term idea.
All the best!
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。
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。