USDJPY Elliott Wave: Blue Box Trading Setup Explained
Simple chart
The strong short-term increase in USD/JPY calls into question the currently slightly bearish basic trend. A trend reversal is
Status : INVALID
Simple chart
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the
Status : INVALID
Simple chart
The bullish trend is currently very strong on USD/JPY. As long as the price remains above the support at 144.28 JPY, you
Status : TARGET REACHED
Simple chart
Dollar-yen’s bounce stutters but ¥146 still in view
Havens have generally been in less demand for the last couple of days as the USA apparently reached a trade deal with Britain
Simple chart
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase)
Status : TARGET REACHED
Simple chart
The strong short-term increase of USD/JPY should quickly allow the basic trend to become bullish. As long as the price
Status : TARGET REACHED
Simple chart
Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would
Status : INVALID
Simple chart
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the
Status : INVALID
Simple chart
The bullish trend is currently very strong on USD/JPY. As long as the price remains above the support at 144.74 JPY, you
Status : LEVEL MAINTAINED
Simple chart
The bullish trend is currently very strong on USD/JPY. As long as the price remains above the support at 144.03 JPY, you
Status : TARGET REACHED
Simple chart
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase)
Status : TARGET REACHED
Simple chart