USD/JPY: Price Remains Within the Channel Forming an Ending Diagonal Triangle. | 17 Juni 2024

17 Juni 2024, USD/JPY

USD/JPY: Price Remains Within the Channel Forming an Ending Diagonal Triangle.

The price attempted to quickly reach the upper boundary of the presumed ending diagonal triangle but fell short. It is possible that this entire wave structure has completed, which would lead to a prolonged impulsive decline.
However, there remains a scenario where the dollar makes another attempt to reach the upper boundary, delaying the downward movement indefinitely. This alternative is schematically represented in the provided chart.
In any case, it is essential to wait for a clear sell signal before taking any trading actions. Until such a signal appears, it is advisable to stay out of any trading positions and observe the situation.
Investment Idea: Flat.
Bob Stan
Setuju dengan review?
opini pedagang:
Close
Masuk
Browser Anda tidak mendukung kue. Jika cookie dinonaktifkan di browser Internet Anda, Anda mungkin memiliki masalah dengan render daerah Pribadi. Cara mengaktifkan dukungan cookie.