USDJPY presented a great buy opportunity yesterday. I wasn't able to post it in time but I expect more to come.
It is unclear yet whether the correction ended at 111.60 or whether this was only a wave 'A'.
Nevertheless we need another leg higher of lesser degree which started yesterday.
IF we see a consolidation I like to buy the continuation towards at least 115 with a stop below the consolidation.
Updates will follow
It is unclear yet whether the correction ended at 111.60 or whether this was only a wave 'A'.
Nevertheless we need another leg higher of lesser degree which started yesterday.
IF we see a consolidation I like to buy the continuation towards at least 115 with a stop below the consolidation.
Updates will follow
Commento:
Commento:
1 hr
15 min
15 min
Commento:
Looks like UJ is about to present a buy trade. Manage it closely because we can still make a deeper correction of larger degree, before we turn bullish again to take out 114.73. I counted it therefore as an 'abc' pattern for now.
Commento:
