FX:USDJPY   USA-dollar/Japansk yen
A symmetrical triangle (ST) is observed in the monthly chart, shown partially in this chart with lines A and E. Lines B and C describe a downtrend channel tested 4 times in the lower limit and 5 times in the upper one. External divergence observed in RSI @H4 and MACD between points W and Z. TP set at confluence point of Fibo levels 23 (wave X-Z) and 78 (wave Y-Z). SL set below confluence points line E (ST’s lower limit) and wave Y-Z’s Fibo -27%. Even though this is conceived as a close to 100 pip trade, I'd expect price to at least reach the upper limit, considering the strong divergences described above.

Frånsägelse av ansvar

Informationen och publikationerna är inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av råd eller rekommendationer som tillhandahålls eller stöds av TradingView. Läs mer i Användarvillkoren.