USDJPY: Dollar Making EOY Run. Bullishness Ensues. +50 pips
Current Status: LONG
Current Profit: +50 pips
USDJPY: Heading Higher To Complete Wave X of Larger Correction
You can see here that what I am seeing is that prices are now in the wave y of X which is expected to be impulsive. Of course, there is an ALT scenario that says that this may still be in the wave x and not the wave y but it still would suggest that a BUY is called for.
Prices have now bounced off the minor TL that I have drawn here as well. And there is a POTENTIAL Bat that is in play now.
Current Profit: +50 pips
USDJPY: Heading Higher To Complete Wave X of Larger Correction
You can see here that what I am seeing is that prices are now in the wave y of X which is expected to be impulsive. Of course, there is an ALT scenario that says that this may still be in the wave x and not the wave y but it still would suggest that a BUY is called for.
Prices have now bounced off the minor TL that I have drawn here as well. And there is a POTENTIAL Bat that is in play now.
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Mailing list: bit.ly/2iNieEY
Facebook Group: www.facebook.com/efxselect
Twitter: @andrewefxselect
Website: www.efxselect.com