We're sellers | 19 5月 2023

19 5月 2023, USD/JPY

We're sellers

USDJPY is currently in the midst of the major impulsive wave (V), indicating the completion of the impulsive (V) wave pattern. The next phase we anticipate is the formation of a corrective phase known as the ABC corrective pattern. From the beginning of the major/outer impulsive wave (I) at 133.74 to the end of the impulsive outer wave (V), the market has formed an ascending channel, which serves as a bearish reversal pattern. This confirms our expectation for a potential drop in this pair. We will be monitoring for the price to break below the lower trendline of this ascending channel, at which point we will consider entering sell trades.

Trade Recommendations:

We're sellers

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