USD/JPY. The development of the initial diagonal triangle is coming to an end. | 07 12月 2023

07 12月 2023, USD/JPY

The situation with the considered pair continues to develop within the framework of the previously proposed wave scenario. It's worth noting that there is currently an assumption of the initiation of a descending impulsive or corrective movement.
The downward movement is likely to start from an initial diagonal triangle, where the "work" on Wave 4 is completed, taking the form of a converging horizontal triangle. After such patterns, the fifth wave tends to be insignificant, so only a slight update of the local minimum is expected, followed by an anticipated rise to correct this diagonal.
Therefore, there is a potential situation for entering long positions.
Investment idea: Buy at 145.80, set a stop loss at 145.50, and a take profit at 148.50.

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