USDJPY EW Analysis - triangle formation continues

U.S. Dollar/Japanese YenFXCM

描述

⋅ Sep 24, 2015 11:14 AM

I published the count of a triangle count in the UJ earlier. This count has extended and is equally attractive as the last.

JWagnerFXTrader

⋅ Sep 24, 2015 12:32 PM

Nice one Chessnut - I was looking at a similar pattern as well. The xxxJPY crosses may be attractive shorts if the USDJPY takes off.

chessnut

⋅ Sep 24, 2015 12:34 PM

Totally agree seeing as EU looks a bit bearish to me. The implications of bearish UJ and EU on the EJ are... bearish.

OptimusPrime

⋅ Sep 25, 2015 8:40 PM

I'm fairly clueless atm, but this is what I have... :P

chessnut

⋅ Sep 25, 2015 9:12 PM

looks to me like its breaking to the upside but I guess thats still possible.