Long term analysis on USD JPY to help predict moves off the lower timeframes, it looks like were building the B wave to get a large move up for wave C.
The large move up will require good fundamentals to come out of the USA so may take a while. When you see the economy starting to improve, a deal being made with China and maybe interest rates starting to rise could be a sign of the bigger move happening. Until then we can take trades off lower timeframes within the corrective structure with the long term bias in mind.
Would love to hear your views on this please comment below
The large move up will require good fundamentals to come out of the USA so may take a while. When you see the economy starting to improve, a deal being made with China and maybe interest rates starting to rise could be a sign of the bigger move happening. Until then we can take trades off lower timeframes within the corrective structure with the long term bias in mind.
Would love to hear your views on this please comment below