USDJPY-Wave count changed and wave ((4)) to 115 ? then to 119 ?

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USDJPY-Wave count changed and wave ((4)) to 115 ? then to 119 ?

Market Commentary:


1. Expecting a correction for wave ((4)) as i shown again to 115 zone in 3 waves. 


2. Once it reach 117.95-118.2 i am expecting the rejection and the trendline for wave ((3)) also be a resistance.


3. The lower trendline will took as a support for wave ((4)) and that is also 23.6 and 38.2 fib retracement for the wave ((3)) length i.e., 115.6-114.2 zone.


4. Once this wave ((4)) completes then wave ((5)) to 119 and above is possible


5. I CHANGED THE WAVE COUNT HERE NOW. IF IT REACH TO 119 FROM HERE ALSO POSSIBLE AS PER THE PREVIOUS WAVE COUNT. SO HAVE AN LOOK PREVIOUS SHARED HERE ON JAN 13TH 2022.


DISCLAIMER : All labelling and wave counts done by me by manually and i will keep change according to the LIVE MARKET PRICE ACTION. So don't bias, hope on my trade plans...try to learn and make your own strategy...Following is not that much easy...I AM NOT RESPONSIBLE FOR ANY LOSSES IF U TOOK THE TRADE ACCORDING TO MY TRADE PLANS....THANKS LOT..CHEERS


تم التحرير 14 Mar 2022, 12:12

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