glennmercer

USDJPY EW Count: Looking for a Pullback Here to BUY

Largo
glennmercer Actualizado   
FX:USDJPY   Dólar estadounidense/Yen japonés
Hey Traders! USDJPY is forming a potential triangle combination on the higher primary degree. We have a complex sideways combination wave on the intermediate degree currently rolling out. We cannot guarantee that wave-((b)) is complete, but a rally past wave-((a)) will provide significant enough evidence to buy toward the completion of wave-((c)). Ideally, I would like a 78.6% pullback toward wave-((b)) to place a long position with a tight stop behind wave-((b)) terminal. this would give us a huge R/R long position toward the completion of wave-((c)) and a quick stop out at the invalidation level. The next move will be a short position at the potential bat completion up against the triangle top. More updates to come!
Comentarios:
Hey traders, we have a deeper combination correction. Here's the watch level!


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