TimurKuspanov

USDJPY. Forex Part. Short Signal

Short
TimurKuspanov Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
Hi, everybody. We continue to review the Forex market. Before us is a finite diagonal triangle. And I can say that it is complete in the divergence. According to the wave analysis, I will show you a General picture of the trend. I think from here I will enter short the aggressive strategy with a stop on a local maximum
Comment:
General picture of trend and wave analysis. Since wave 3 is greatly elongated it is not necessary to count on more traffic. I have marked the approximate medium-term target on this chart. We also see divergence in the direction of the trend, this is a good sign. But the fact is, once we reach the goal, we'll probably see a bullish divergence to change the trend. Such I have thought on this time. I of course ran a little ahead. But it is. Good luck
Trade active
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.