USDJPY: Leg C of bull zigzag or leg C of larger bear zigzag
The chart tells my idea at the consolidation box where we can find:
1/ Bull case: Buyer try to push price higher but we cannot find an impulse wave. We don't know if wave C ended or not because we cannot count 5 waves structure of wave C here.
2/ I refer this case, Bear: I can found an overlap at pink square, that implies this not an impulse wave. So, I will wait for the end of current wave and short the next wave down. The next wave should be wave C.
We can find price bounced at the junction of 2 PK and RIS divergence are other confirmation for an Bear.
Wait and see!
1/ Bull case: Buyer try to push price higher but we cannot find an impulse wave. We don't know if wave C ended or not because we cannot count 5 waves structure of wave C here.
2/ I refer this case, Bear: I can found an overlap at pink square, that implies this not an impulse wave. So, I will wait for the end of current wave and short the next wave down. The next wave should be wave C.
We can find price bounced at the junction of 2 PK and RIS divergence are other confirmation for an Bear.
Wait and see!
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.