USDJPY

Bullish Potential :

According to the bullish expectations upon dollar’s strengthen, the Dollar/Yen Bullish potential would be unfold in a “running triangle” as Minor-degree wave 4, prior the fifth-wave advance of the same degree.

Note : A triangle always occurs in a position prior to the final actionary wave in the pattern of one larger degree. Hence, the running triangle which started at 121.847 on last December preferably might be counted as a significant bullish stance.

USDJPY - Daily

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s