Short the US Dollar around 109.295 | 04 5月 2018

04 5月 2018, USD/JPY

Wave Analysis

The previous day's candle was a perfect bearish engulfing candle and signals a possible increase in the number of sellers, but is still above the main support 108.780. We expect further bearish corrections towards this support and should break below it towards 107.743. This downward rally is the unfolding of a corrective three wave cycle with an ultimate target at 107.743. If you're not already in a short position, you could remain flat temporarily and wait for a pullback towards 109.295 to pick a low risk short position with your target at 107.743.

Trade Recommendations:

Short the US Dollar around 109.295 towards 107.743

FreshForex cancels commissions!

Bob Stan
同意该评论吗?
交易员的评论:
Close
授权
您浏览器禁用cookie 文件. 在此情况下, 私人空间显示不正常. 如何启动cookie 文件的支持.
manager photo manager photo
Online-support
我们很高兴回答您的问题

提交申请

Get bonus