Rimani 
Condizioni di trading
Strumenti
Analysis of wave counting:
Earlier, the dynamics of the downward movement allowed the USD/JPY pair during the yesterday's trading to continue the decline and at the end of the American session to begin testing the level of the 106th figure. Thus, it seems that the whole last day the currency pair was in the final stage of the formation of the third wave, in the 5th, in the 5th, in the 3rd, in the C, in the C, in (B). If this is the case, breakdown of the level of 106.00 can lead to a substantial price rebound and its subsequent return to the already reached highs.
Targets for a downward wave option:
106.07 - 423.6% by Fibonacci
105.35 - 423.6% by Fibonacci
Targets for an upward wave option:
111.01 - 50.0% by Fibonacci
111.89 - 38.2% by Fibonacci
General conclusions and trading recommendations:
The trading instrument continues to build a long-term uptrend. All wave counting has undergone major changes. The decline of quotations may continue with the targets near the levels of 106.07 and 105.35, which corresponds to 423.6% and 423.6% of Fibonacci, within the framework of the construction of the complicated wave 5, at 5, in 3, in C, in B , in (B).
Le recensioni analitiche di InstaForex ti renderanno pienamente consapevole delle tendenze del mercato! Essendo un cliente InstaForex, ti viene fornito un gran numero di servizi gratuiti per il trading efficiente.
