Trader, analyst and instructor with a 6-year experience

USD/JPY: weekly wave analysis

Roman Petuchov

Weekly. The chart is slowly growing in a bullish impulse [V]. Let's see the details. 

H12. After co,pleting a converging horizontal triangle (IV) we've seen a new bullish impulse. 

H4. The pair enters a period of growth in the impulse [v] of III. By the end of the week it will be done. After that we expect a horizontal correction IV to follow. 

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