TradingView
Aree
16. Jun. 2018 01:30

USDJPY Continuation Long Long

U.S. Dollar/Japanese YenFXCM

Beschreibung

Stop Loss: 109.90
1st Target: 111.60

From what I have labeled. Wave A tends to equal C. If C is shorter than A, expect a strong move in the opposite direction. However, the X label countered the move downward and broke above the end of wave C. I found hidden divergence relating to wave 2 of A and larger trend X wave on the 1 hour time frame, indicating continuation. I consider the direction long until price breaks below the 0-B channel.
Mehr