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Forex news -forex broker review => Forex => Topic started by: PocketOption on Nov 03, 2022, 03:19 am

Title: USD/JPY: The Last Leg of the Bullish Impulse is Similar to the Ending Diagonal
Post by: PocketOption on Nov 03, 2022, 03:19 am
USD/JPY: The Last Leg of the Bullish Impulse is Similar to the Ending Diagonal

The USDJPY chart shows the formation of a global impulse trend, which consists of cycle waves. In recent months, we have seen the price creeping up in the cycle wave V, more precisely in its final part. Wave V, apparently, takes the form of a 5-wave impulse of the primary degree ①-②-③-④-⑤. In this impulse, […]


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Source: USD/JPY: The Last Leg of the Bullish Impulse is Similar to the Ending Diagonal (https://www.actionforex.com/contributors/technical-analysis/471089-usd-jpy-the-last-leg-of-the-bullish-impulse-is-similar-to-the-ending-diagonal/)