According to prévious USD JPY weekly forcast (confirmed H&S)
According to uptrendline channel
As we can see Actually the price move on 61% fibo of last uptrend wave, so we can consider that downtrend Wave is a corrective wave
To define a TP we just need to use a Fibo extension.
According to uptrendline channel
As we can see Actually the price move on 61% fibo of last uptrend wave, so we can consider that downtrend Wave is a corrective wave
To define a TP we just need to use a Fibo extension.
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Related publications
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.