USDJPY May 22, 2024 Will the rising wave continue?

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Looking at the H1 chart with the current wave counting method we see
The correction process has formed 3 waves abc
- Currently, the price continues to increase following the trend of large wave 3
- We have the main confirmation threshold at 156,554, this is the confirmation area that the temporary adjustment process has ended.
- Once the price maintains above the 156.554 area, the price will develop very quickly because wave 3 moves quickly and sharply.

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הערה
תמונת-בזק
הערה
We had confirmation of wave 3 when the price broke out at 156.544. Next, the price continues to move towards the expected target of wave 3.
תמונת-בזק
Beyond Technical AnalysisTechnical IndicatorsTrend AnalysisUSDJPYusdjpyanalysisusdjpydailyusdjpyidea

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