HomeContributorsTechnical AnalysisElliott Wave Weekly: USD/JPY To Continue Unfolding Triangle

Elliott Wave Weekly: USD/JPY To Continue Unfolding Triangle

Wave B of (D) has finished, so the market is likely going to continue rising towards the triangle’s upper side. In this case, the price should break the high of wave A in the short term. A finished five-wave price movement for wave C will suggest that wave (D) of the triangle might be in place.

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