USDJPY is showing us a bigger complex contracting correction in the making within red wave (B), which is also known as a Elliott wave triangle correction. We know that triangles appear prior to the final wave, which means more gains can come in play, once finished. Specifically we see price trading within wave E that can search for support near the lower triangle line, at 109.50/110 area.
Disclosure: Please be informed that information we provide is NOT a trading recommendation or investment advice. All our work is for educational purposes only.
Disclosure: Please be informed that information we provide is NOT a trading recommendation or investment advice. All our work is for educational purposes only.
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这些信息和出版物并非旨在提供,也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
