USDJPY H4
USDJPY D1,
I am favoring shorts over buys. Lets keep an eye on this. This is a very potent setup.
Pro Tip.
🔹 In a nutshell, wave theory is a series of Impulses - Correction - Impulse......... to infinity. All you need to do is look for those moves. You are sure they will form one after the other.
🔹 You identify impulses and corrections by just looking at the chart. An impulse is aggressive and happens withing a short period. It is also steep and has characteristic long candles. On the other hand, a correction is 'lazy'. Takes time, has lots of back and forth and at the same time sluggish.
See comments for a blow up.
Happy Trading.
I am favoring shorts over buys. Lets keep an eye on this. This is a very potent setup.
Pro Tip.
🔹 In a nutshell, wave theory is a series of Impulses - Correction - Impulse......... to infinity. All you need to do is look for those moves. You are sure they will form one after the other.
🔹 You identify impulses and corrections by just looking at the chart. An impulse is aggressive and happens withing a short period. It is also steep and has characteristic long candles. On the other hand, a correction is 'lazy'. Takes time, has lots of back and forth and at the same time sluggish.
See comments for a blow up.
Happy Trading.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.