USDJPY Long Term

Elliott Wave Long Term: USDJPY to continue unfolding triangle

The market has been moving sideways since a bullish impulse in wave ((A)) finished. It seems like wave ((B)) is taking the form of a triangle. Wave C of (D) might have been in place, so wave (E) of ((B)) is likely underway. If correct, the market should continue declining towards the pattern’s lower side in the coming weeks.

Elliott Wave Long Term: USDJPY to continue unfolding triangle

The market has been moving sideways since a bullish impulse in wave ((A)) finished. It seems like wave ((B)) is taking the form of a triangle. Wave C of (D) might have been in place, so wave (E) of ((B)) is likely underway. If correct, the market should continue declining towards the pattern’s lower side in the coming weeks.

Elliott Wave Long Term: USDJPY to continue unfolding triangle

The market has been moving sideways since a bullish impulse in wave ((A)) finished. It seems like wave ((B)) is taking the form of a triangle. Wave C of (D) might have been in place, so wave (E) of ((B)) is likely underway. If correct, the market should continue declining towards the pattern’s lower side in the coming weeks.

Elliott Wave Weekly: USDJPY to continue unfolding triangle

Wave B of (D) has finished, so the market is likely going to continue rising towards the triangle’s upper side. In this case, the price should break the high of wave A in the short term. A finished five-wave price movement for wave C will suggest that wave (D) of the triangle might be in place.

Elliott Wave Weekly: USDJPY to continue unfolding triangle

Wave B of (D) has finished, so the market is likely going to continue rising towards the triangle’s upper side. In this case, the price should break the high of wave A in the short term. A finished five-wave price movement for wave C will suggest that wave (D) of the triangle might be in place.

Elliott Wave Weekly: USDJPY to continue unfolding triangle

Wave B of (D) has finished, so the market is likely going to continue rising towards the triangle’s upper side. In this case, the price should break the high of wave A in the short term. A finished five-wave price movement for wave C will suggest that wave (D) of the triangle might be in place.

Elliott Wave Weekly: USDJPY to continue unfolding triangle

Wave B of (D) has finished, so the market is likely going to continue rising towards the triangle’s upper side. The main critical level is still at 101.14. As long as the price remains above this point, the opportunity to have the rest of wave C of (D) will be in force.

Elliott Wave Weekly: USDJPY to continue unfolding triangle

Wave B of (D) has finished, so the market is likely going to rise towards the triangle’s upper side. The main critical level is still at 101.14. As long as the price remains above this point, the opportunity to have the rest of wave C of (D) will be in force.

Elliott Wave Weekly: USDJPY to continue unfolding triangle

Wave B of (D) has finished yet, so the market is likely going to rise towards the triangle’s upper side. The main critical level is still at 101.14. As long as the price remains above this point, the opportunity to have wave C of (D) will be in force.

Elliott Wave Weekly: USDJPY loсked in the triangle

It turned out that wave B of (D) hasn’t been finished yet, so we could have a new local low soon. The main critical level remains at 101.14. As long as the price remains above this point, the opportunity to have wave C of (D) will remain in force.

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