USD/JPY: weekly wave analisys
Weekly. The market keeps moving up within the global bullish uptrend.
H12. During the past half a year we have seen the development of a complicated corrective wave (IV), which took form of the double three. Now it’s complete and we see advance in line with the previous forecasts. During the new week growth will continue.
H4. The approximate trajectory of the coming move is shown at the picture. In the situation like this we’ll consider opening only long positions.