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USD/JPY - Wave (d) of the B-wave triangle developing
Written by Elliott Wave Surfer
Category: USD/JPY
USD/JPY wave (d) of the B-wave triangle developing
Wave (c) of the B-Wave triangle ended at 102.79 and Wave (d) towards at least 101.53 and possibly even lower towards 100.80 is developing. A break below minor support at 102.09 confirms the decline towards 101.53 and maybe even lower.
Short term resistance is found in the 102.54 - 102.64 area.
Published on 09 June 2014
I just wanted to thank you for posting your charts. They are of great help to me. Your charts are a great teaching aid for learning Elliott Wave.
Duane
Your forecast of the EURUSD waves and reversals on Brexit day were spot on! This was not chaos, the crowd followed a pattern!
GBPUSD was abolutely 100% too!Unbelievably accu...