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Technical Analysis
Elliot Wave Analysis by SolidECN Experts
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[QUOTE="SOLIDECN, post: 212579, member: 80239"] [HEADING=1][JUSTIFY]USDJPY - Growth is possible.[/JUSTIFY][/HEADING] [JUSTIFY]On the daily chart, the third wave of the higher level 3 develops, within which the third wave of the lower level iii of 3 formed and a downward correction ended as the fourth wave iv of 3. Now, the fifth wave v of 3 is forming, within which the first wave of the lower level (i) of v has developed. [B]If the assumption is correct, after the end of the local correction (ii) of v the USDJPY pair will grow to the area of 145 – 150. In this scenario, critical stop loss level is 135.[/B] [img]https://i.ibb.co/D7SBWdN/usdjpy.png[/img][/JUSTIFY] [/QUOTE]
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