Hellena | USD/JPY (4H): Long to 50% extension Fibo 148.219.

Dear Colleagues, I assume that the price is forming a corrective wave 2. It is quite possible that wave 2 will end on reaching the 50% Fibonacci level of 146.559. The first target is the Fibonacci extension area at 148.219.

Note

Dear colleagues, the previous target 148.219 remains in priority. Last week the price bounced from the support area exactly as it was written in the forecast! I believe that the price will reach the target in the coming week!

Note

I believe that the price is now in an upward movement of wave 3. It is quite possible that the price will reach the target next week. Stay tuned for more updates!

Note

Well done!

Trade closed: target reached

Hellena_Trade

✅ Free TELEGRAM channel: t.me/+3vRnN-6fQphiNDVi
🌅 INSTAGRAM: instagram.com/hellena_trader

Also on:

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.

Hellena_Trade

✅ Free TELEGRAM channel: t.me/+3vRnN-6fQphiNDVi
🌅 INSTAGRAM: instagram.com/hellena_trader

Also on: