Mulakan
DarlingtonForex

USDJPY long trade with great risk-reward Elliott Wave Analysis

Panjang
Dolar A.S. / Yen Jepun (FX:USDJPY)  
DarlingtonForex Telah dikemas kini   
FX:USDJPY   Dolar A.S. / Yen Jepun
Chart Patterns Wave Analysis Technical Indicators USDJPY Elliott Wave Chart patterns
3
2
chartpattern waveanalysis indicator usdjpy elliottwaves chartpatterns
USDJPY completed a leading diagonal pattern on Nov 6th which lasted over 7 months. Current price action is consolidating in a triangle pattern which appears nearly complete and ready to break to the upside.
My target price is around the 1.0655 level, the termination of wave (iv) of the leading diagonal. Invalidation is 1.0317. At current price the risk/reward ratio of this trade is 3/1.
Dagangan aktif:
The triangle pattern is no longer valid and a deeper correction is in play. Nonetheless, we remain bullish as long as price remains above 103.177.
Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.